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Stock impact report

What's Going On With Healthcare Logistics Giant Owens & Stock On Friday? [Yahoo! Finance]

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: Yahoo! Finance
Adjusted net income of $14.9 million was higher than $3.6 million a year ago The company reported sales of $2.61 billion, up 4% Y/Y, almost in line with the consensus of $2.61 billion. Patient Direct revenue was $638 million, up 5% year over year. Products & Healthcare Services revenue was nearly $2 billion, up 3%. “Our solid performance in the first quarter was in line with our expectations, as we delivered top-line growth in both segments, adjusted operating margin expansion, and improved year-over-year profitability,” said Edward A. Pesicka, President & CEO. “In our Products & Healthcare Services segment, we onboarded new customers, grew same-store sales, and invested in inventory to support our new wins and provide best-in-class service levels. On the heels of double-digit growth in the prior years, our Patient Direct segment delivered mid-single-digit top-line growth while navigating the unique challenges that occurred in the quarter, demonstrating the strength of our te Show less Read more
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