secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHCARE SERVICES GROUP INC (HCSG)
CIK:        0000731012
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0000731012-23-000016
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Healthcare Services Group Q4 revenue $424M, EPS $0.22; suspends dividend, authorizes 7.5M share buyback
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- Revenue $424.0M; net income $16.2M ($0.22 EPS); direct cost target of 86.5% achieved.
- Housekeeping & laundry revenue $198.0M (8.7% margin); dining & nutrition $226.0M (4.3% margin).
- Suspended quarterly cash dividend; Board authorized repurchase of up to 7.5M shares.
- Cash flow from operations $22.9M; DSO 72 days; 2023 tax rate expected 24%-26%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/731012/000073101223000016/0000731012-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/731012/000073101223000016/hcsg-20230215.htm
  HTML page:      https://secwatch.observer/filing/0000731012-23-000016

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