---
schema_version: "secwatch.filing_event.v1"
accession: "0000731012-23-000098"
form_type: "8-K"
ticker: "HCSG"
cik: "0000731012"
company_name: "HEALTHCARE SERVICES GROUP INC"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:32:35.348832+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# HCSG Q2 2023 revenue $418.9M, net income $8.6M, adjusted EBITDA $26.3M

## Summary
- Revenue $418.9M; housekeeping & laundry $190.8M (8.7% margin), dining & nutrition $228.1M (5.5% margin).
- GAAP net income $8.6M ($0.12 per diluted share); adjusted EBITDA $26.3M.
- Direct cost 87.8% including $11.3M CECL AR reserve increase; SG&A $41.4M (adjusted $39.1M).
- Cash flow from operations $7.4M; DSO 83 days; AR increased $39M due to timing of collections.
- CEO cites robust new business pipeline; three priorities: direct cost management, collections, new facility starts.

## SEC filing metadata
- accession: 0000731012-23-000098
- form_type: 8-K
- ticker: HCSG
- cik: 0000731012
- company_name: HEALTHCARE SERVICES GROUP INC
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/731012/000073101223000098/0000731012-23-000098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/731012/000073101223000098/hcsg-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000731012-23-000098
- JSON: https://secwatch.observer/filing/0000731012-23-000098.json
- Plain text: https://secwatch.observer/filing/0000731012-23-000098.txt

## Key facts
- Earnings Releases
  HEALTHCARE SERVICES GROUP INC reported financial results for the three months ended June 30, 2023.
  - Period: the three months ended June 30, 2023
  - Result: reported results
  source text: On July 26, 2023, Healthcare Services Group, Inc. (the "Company") issued a press release (the "Press Release") announcing its earnings for the three months ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/731012/000073101223000098/0000731012-23-000098-index.htm

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