MARKET COMPOSITE
HCSG - Healthcare Services Group, Inc.7:59:55 PM 4/26/2024
Price
$10.86
-0.14 (-1.27%)
Healthcare Services Group, Inc. provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. The company operates through two segments, Housekeeping and Dietary. The Housekeeping segment engages in the cleaning, disinfecting, and sanitizing of resident rooms and common areas of client's facility, as well as laundering and processing of the bed linens, uniforms, resident personal clothing, and other assorted linen items utilized at a client's facility. The Dietary segment provides food purchasing, meal preparation, and professional dietitian services, which include the development of menus that meet the dietary needs of residents. This segment also offers clinical consulting services to facilities. As of December 31, 2019, the company provided its services to approximately 3,000 facilities. Healthcare Services Group, Inc. was founded in 1976 and is headquartered in Bensalem, Pennsylvania.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue423.8MM+3%
Gross Profit73.5MM-
Cost Of Revenue350.4MM-7%
Operating Income31MM-547%
Operating Expenses42.4MM-
Net Income22.6MM-511%
G&A46.2MM+18%
Amortization700K-
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