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Stock impact report

Healthcare Services Group, Inc. Reports Q2 2021 Results

Healthcare Services Group, Inc. (HCSG) 
Last healthcare services group, inc. earnings: 2/11 04:48 pm Check Earnings Report
US:NASDAQ Investor Relations: hcsg.client.shareholder.com
Company Research Source: Business Wire
BENSALEM, Pa.--(BUSINESS WIRE)--Healthcare Services Group, Inc. (NASDAQ:HCSG) (the “Company”) reported for the three months ended June 30, 2021 revenue of $398.2 million, net income of $9.6 million, or $0.13 per basic and diluted common share, and cash flow from operations of $25.3 million. The Company’s Board of Directors declared a quarterly cash dividend of $0.20875 per common share, the 72nd consecutive increase since the initiation of dividend payments in 2003.Ted Wahl, Chief Executive Officer, stated, “While Q2 reported results were impacted by temporary or non-recurring items, our underlying operational and financial performance was strong and in line with recent quarters as we continue to execute on our strategy and manage the elements of our business that are within our control.”Mr. Wahl continued, “Also during Q2, we agreed to temporarily modify the terms of our agreements with Genesis, as it continues to work through its restructuring plan. We believe that these tempora Show less Read more
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