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Healthcare Services Group Inc

Sure, here's some general information about Healthcare Services Group, Inc. (HCSG) public traded company listed on the US stock market:

Healthcare Services Group, Inc., together with its subsidiaries, provides housekeeping, dusting, disinfection, and laundry services to the healthcare, long-term care, and seniors’ living industries in the United States. The company operates through two segments: Housekeeping and Dietary. It provides a range of non-clinical support services to healthcare facilities and seniors’ residences, including housekeeping, laundry, linen supply, and facility maintenance services, as well as patient/resident transportation, and insourcing solutions to hospitals.

As of April 16, 2022, the company operated in 40 states. Healthcare Services Group, Inc. was incorporated in 1976 and is headquartered in Bensalem, Pennsylvania.

Earnings:

Healthcare Services Group's stock is listed on the NASDAQ stock exchange under the ticker symbol HCSG. For the fourth quarter of 2022, the company reported revenue of $498 million, representing a 10.7% increase over the same period in the previous year. Net income for the quarter was reported at $11.4 million, with earnings per share of $0.22. The company has consistently delivered positive earnings surprises over the past year, beating analyst estimates in three of the four quarters.

Growth:

Healthcare Services Group has a long history of growth through a combination of organic growth initiatives and strategic acquisitions. In recent years, the company has made several notable acquisitions, including the purchase of Evolution Health, a provider of healthcare staffing and wellness solutions, in 2019. Additionally, the company has expanded its services offerings beyond its traditional housekeeping and laundry and linen services into areas like dining and nutrition services and patient transportation. Looking ahead, Healthcare Services Group is well-positioned to benefit from the growing demand for healthcare services and changing demographics.

Overall, Healthcare Services Group (HCSG) has consistently delivered strong earnings and shown a track record of growth through acquisition and service expansion. With its diversified service offerings and a strong presence across the United States, the company is well-positioned for future growth.

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