---
schema_version: "secwatch.filing_event.v1"
accession: "0000731012-22-000081"
form_type: "8-K"
ticker: "HCSG"
cik: "0000731012"
company_name: "HEALTHCARE SERVICES GROUP INC"
filed_at: "2022-10-19T23:59:59+00:00"
generated_at: "2026-06-23T02:47:44.115921+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# HCSG Q3 revenue $414.5M, net income $0.3M; cost of services 90.9%

## Summary
- Net income of $0.3M; cost of services 90.9% impacted by $7.6M AR reserve increase.
- Housekeeping margin 8.9%, dining margin -0.2%; contract modifications reduced rev ~$9M.
- Quarterly dividend raised to $0.215/share (77th consecutive increase), payable Dec 22.
- Cash used in ops $9.9M; DSO 76 days; expects cost of services exit 2022 at 86%.
- SG&A (adj.) $35.8M or 8.6%; 2022 SG&A guided 8.5-9.5%.

## SEC filing metadata
- accession: 0000731012-22-000081
- form_type: 8-K
- ticker: HCSG
- cik: 0000731012
- company_name: HEALTHCARE SERVICES GROUP INC
- filed_at: 2022-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/731012/000073101222000081/0000731012-22-000081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/731012/000073101222000081/hcsg-20221019.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000731012-22-000081
- JSON: https://secwatch.observer/filing/0000731012-22-000081.json
- Plain text: https://secwatch.observer/filing/0000731012-22-000081.txt

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