Healthcare Services Group (HCSG) Misses Q2 EPS by 4c

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Go back to Healthcare Services Group (HCSG) Misses Q2 EPS by 4c

Healthcare Services Group, Inc. Reports Q2 2022 Results

July 20, 2022 7:00 AM EDT

BENSALEM, Pa.--(BUSINESS WIRE)-- Healthcare Services Group, Inc. (NASDAQ: HCSG) (the Company) reported for the three months ended June 30, 2022 revenue of $424.9 million and net income of $6.8 million, or $0.09 per basic and diluted common share. The Companys Board of Directors declared a quarterly cash dividend of $0.21375 per common share, the 76th consecutive increase since the initiation of dividend payments in 2003.

Ted Wahl, Chief Executive Officer, stated, We have now either completed or are in the final stages of negotiation with our clients in modifying our service agreements, a goal we very aggressively pursued... More