HCSG Reports Q1 2024 Results [Yahoo! Finance]
Healthcare Services Group, Inc. (HCSG)
Last healthcare services group, inc. earnings: 2/11 04:48 pm
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Source: Yahoo! Finance
Revenue of $423.4 million, in line with expectations. Net income and diluted EPS of $15.3 million and $0.21; adjusted net income and adjusted diluted EPS of $16.5 million and $0.22. Adjusted EBITDA of $28.9 million, a 10.7% increase over Q1 2023. BENSALEM, PA, April 24, 2024 BUSINESS WIRE )--Healthcare Services Group, Inc. (NASDAQ:HCSG) today reported results for the three months ended March 31, 2024. Ted Wahl, Chief Executive Officer, stated, "Our team delivered strong first quarter results, building on our positive momentum in 2023. During the quarter, we managed adjusted cost of services under 86% and continued to grow our new business and manager-in-training pipelines. We remain confident that we will deliver on our goal of year-over-year growth in 2024, with the majority of those new business adds expected in the second half of the year." Mr. Wahl continued, "On the cash collections front, historically, the first quarter is our most challenging for cash collections, es
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HCSG
Earnings
- 4/24/24 - Beat
HCSG
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form 10-Q
- 4/26/24 - Form ARS
- HCSG's page on the SEC website