{"schema_version":"secwatch.filing_event.v1","accession":"0000731012-23-000047","form_type":"8-K","ticker":"HCSG","cik":"0000731012","company_name":"HEALTHCARE SERVICES GROUP INC","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.105373+00:00","generated_at":"2026-06-16T14:26:33.993114+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"HCSG Q1 revenue $417.2M, adjusted EBITDA up 18% to $27.5M","bullets":["GAAP net income $12.7M ($0.17 per share); adjusted EBITDA $27.5M, up 18% YoY.","Housekeeping & laundry revenue $193.5M (10.4% margin); dining & nutrition $223.7M (6.6% margin).","Direct cost of services 86.5% including $6.9M CECL AR reserve increase; SG&A 9.2% after adjustments.","Cash flow used in operations $16.3M; DSO 76 days; CEO cites improved collections and contract modification exit.","Effective tax rate 27.8% in Q1; full-year 2023 tax rate expected 24% to 26%."],"urls":{"canonical":"https://secwatch.observer/filing/0000731012-23-000047","json":"https://secwatch.observer/filing/0000731012-23-000047.json","markdown":"https://secwatch.observer/filing/0000731012-23-000047.md","text":"https://secwatch.observer/filing/0000731012-23-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/731012/000073101223000047/0000731012-23-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/731012/000073101223000047/hcsg-20230426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T14:26:33.993114+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6411dcfde33da8c507a74d9df99bbaa587557396","claim":"HEALTHCARE SERVICES GROUP INC reported the three months ended March 31, 2023 results: revenue $417.2 million, net income $12.7 million, EPS $0.17 per basic and diluted common share.","evidence_excerpt":"Healthcare Services Group, Inc. (NASDAQ:HCSG) (the “Company”) reported for the three months ended March 31, 2023 revenue of $417.2 million, GAAP net income of $12.7 million, or $0.17 per basic and diluted common share, and adjusted EBITDA of $27.5 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/731012/000073101223000047/0000731012-23-000047-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2023"},{"label":"Revenue","value":"$417.2 million"},{"label":"Net income","value":"$12.7 million"},{"label":"EPS","value":"$0.17 per basic and diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}