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Stock impact report

HCSG Reports Q3 2024 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
Delivers QoQ and YoY Growth In Revenue, Earnings and Cash FlowRevenue of $428.1 million, in line with expectations.Net income and diluted EPS of $14.0 million and $0.19.Reported and adjusted cash flow from operations of $4.3 million and $19.0 million.Reaffirms Q4 revenue estimate of $430.0 to $440.0 million and FY 2024 cash flow forecast of $40.0 to $55.0 million. BENSALEM, Pa.--(BUSINESS WIRE)--Healthcare Services Group, Inc. (NASDAQ:HCSG) today reported results for the three months ended September 30, 2024.Ted Wahl, Chief Executive Officer, stated, “We’re very pleased with our third quarter results, which underscore the positive momentum we're carrying into the fourth quarter. Executing on our three strategic priorities – driving growth, managing costs, and optimizing collections – is clearly paying off, resulting in sequential and year-over-year growth in revenue, earnings, and cash flow. Looking ahead, we are confident that our focus on these priorities, supported by our strong Show less Read more
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