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Mar 31, 2024
HCSG Q1 2024 Earnings Report
HCSG's Q1 2024 results were reported, with earnings exceeding expectations and revenue aligning with expectations.
Key Takeaways
HCSG reported Q1 2024 results with revenue of $423.4 million, in line with expectations. Net income was $15.3 million, with diluted EPS of $0.21. The company reiterated its 2024 adjusted cash flow forecast of $40.0 to $55.0 million and expects year-over-year revenue growth.
Revenue of $423.4 million, in line with expectations.
Net income and diluted EPS of $15.3 million and $0.21, respectively.
Adjusted EBITDA of $28.9 million, a 10.7% increase over Q1 2023.
Reiterated 2024 adjusted cash flow range of $40.0 to $55.0 million.
Forward Guidance
The Company estimates Q2 revenue in the range of $420.0 million to $430.0 million and reiterated its 2024 adjusted cash flow from operations range of $40.0 million to $55.0 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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