Healthcare Services Group (HCSG) Tops Q1 EPS by 9c

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Go back to Healthcare Services Group (HCSG) Tops Q1 EPS by 9c

Healthcare Services Group, Inc. Reports Q1 2022 Results

April 20, 2022 7:00 AM EDT

BENSALEM, Pa.--(BUSINESS WIRE)-- Healthcare Services Group, Inc. (NASDAQ: HCSG) (the Company) reported for the three months ended March 31, 2022 revenue of $426.8 million and net income of $11.3 million, or $0.15 per basic and diluted common share. The Companys Board of Directors declared a quarterly cash dividend of $0.2125 per common share, the 75th consecutive increase since the initiation of dividend payments in 2003.

Ted Wahl, Chief Executive Officer, stated, Overall, I am pleased with our start to the year. More efficient labor management, specifically related to premium pay programs and overtime, along with the catch-up of food... More