Healthcare Services Group (HCSG) Tops Q4 EPS by 11c
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Healthcare Services Group, Inc. Reports Q4 2022 Results
February 15, 2023 7:00 AM ESTAchieves Direct Cost Target, Rebalances Capital Allocation Strategy
BENSALEM, Pa.--(BUSINESS WIRE)-- Healthcare Services Group, Inc. (NASDAQ: HCSG) (the Company) reported for the three months ended December 31, 2022 revenue of $424.0 million, net income of $16.2 million, or $0.22 per basic and diluted common share, and cash flow from operations of $22.9 million. The Company also announced that, as part of a comprehensive rebalancing of its capital allocation strategy, its Board of Directors has suspended the quarterly cash dividend on its common stock and authorized the repurchase of up to 7.5 million... More
