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Jun 30, 2020
HCSG Q2 2020 Earnings Report
Reported revenue of $452.0 million, net income of $23.1 million, or $0.31 per basic and diluted common share, and cash flow from operations of $79.7 million.
Key Takeaways
Healthcare Services Group reported Q2 2020 results with revenue of $452.0 million and net income of $23.1 million, or $0.31 per share. Cash flow from operations was $79.7 million. The Board of Directors declared a quarterly cash dividend of $0.20375 per common share.
Revenue for the quarter was $452.0 million.
Net income for the quarter was $23.1 million, or $0.31 per share.
Cash flow from operations was $79.7 million.
The Board of Directors declared a quarterly cash dividend of $0.20375 per common share.
Forward Guidance
The Company maintains a cautious view on growth and remains deeply committed to making decisions that best position it to deliver shareholder value over the long term.
Positive Outlook
- Continue to innovate in managing our business
- Coordinating with nursing departments to do our part in the infection prevention and control continuum
- Remaining flexible in responding to our client-partners’ evolving service-level
- Remaining flexible in staffing
- Remaining flexible in supply chain needs
Historical Earnings Impact
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Avg. Return Before/After Earnings
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