---
schema_version: "secwatch.filing_event.v1"
accession: "0000731012-22-000031"
form_type: "8-K"
ticker: "HCSG"
cik: "0000731012"
company_name: "HEALTHCARE SERVICES GROUP INC"
filed_at: "2022-04-20T23:59:59+00:00"
generated_at: "2026-06-26T06:21:14.501539+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# HCSG Q1 2022 revenue $426.8M, net income $11.3M ($0.15 EPS); declares $0.2125 dividend

## Summary
- Revenue $426.8M (housekeeping/laundry $201.7M, dining/nutrition $225.1M).
- Direct cost of services 87.5%; target to exit year at historical 86% via service agreement modifications.
- Adjusted SG&A $39.5M; expects FY 2022 SG&A 8.5%-9.5% and effective tax rate 24%-26%.
- Quarterly cash dividend $0.2125 per share, payable June 24 to holders of record May 20 (75th consecutive increase).
- Cash outflow from operations $30.2M; DSO 68 days, impacted by $27.2M AR increase.

## SEC filing metadata
- accession: 0000731012-22-000031
- form_type: 8-K
- ticker: HCSG
- cik: 0000731012
- company_name: HEALTHCARE SERVICES GROUP INC
- filed_at: 2022-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/731012/000073101222000031/0000731012-22-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/731012/000073101222000031/hcsg-20220420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000731012-22-000031
- JSON: https://secwatch.observer/filing/0000731012-22-000031.json
- Plain text: https://secwatch.observer/filing/0000731012-22-000031.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.