secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHCARE SERVICES GROUP INC (HCSG)
CIK:        0000731012
Form:       8-K
Filed at:   2021-07-21T23:59:59+00:00
Accession:  0000731012-21-000064
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HCSG Q2 revenue $398.2M, EPS $0.13; $6M SEC reserve, $3M labor reserve, Genesis adjustment
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- Revenue $398.2M, net income $9.6M, diluted EPS $0.13; cash flow from operations $25.3M.
- Recorded $6.0M SEC potential settlement reserve, $3.0M California labor mediation reserve, $0.7M legal fees; combined $0.12 EPS hit.
- Temporary Genesis pricing/payment adjustments reduced Q2 earnings by $0.03 per share; expects >$50M annualized revenue growth in Q3.
- Declared Q2 cash dividend $0.20875/share, payable Sept 24 to record Aug 20; repurchased $1.8M common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/731012/000073101221000064/0000731012-21-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/731012/000073101221000064/hcsg-20210721.htm
  HTML page:      https://secwatch.observer/filing/0000731012-21-000064

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer