---
schema_version: "secwatch.filing_event.v1"
accession: "0000731012-24-000019"
form_type: "8-K"
ticker: "HCSG"
cik: "0000731012"
company_name: "HEALTHCARE SERVICES GROUP INC"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:49:30.200428+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HCSG Q4 2023: adjusted EPS $0.20, revenue $423.8M, cash flow beats guidance

## Summary
- Net income $22.6M ($0.31 diluted EPS); adjusted net income $14.6M ($0.20 adjusted EPS).
- Revenue $423.8M (adjusted $425.0M), in-line with $420M-$430M guidance; Q1 2024 revenue guided $420M-$430M.
- Adjusted EBITDA $26.5M, up 14.2% YoY; cash flow from ops $49.5M (adjusted $27.9M, up 7.1% YoY).
- Housekeeping & laundry rev $191.4M (margin 7.5%), dining & nutrition rev $232.4M (margin 6.2%).
- Repurchased 1M+ shares ($11.2M) in 2023; Q4 repurchased 0.5M shares ($5.0M); 6.5M shares remaining under authorization.

## SEC filing metadata
- accession: 0000731012-24-000019
- form_type: 8-K
- ticker: HCSG
- cik: 0000731012
- company_name: HEALTHCARE SERVICES GROUP INC
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/731012/000073101224000019/0000731012-24-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/731012/000073101224000019/hcsg-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000731012-24-000019
- JSON: https://secwatch.observer/filing/0000731012-24-000019.json
- Plain text: https://secwatch.observer/filing/0000731012-24-000019.txt

## Key facts
- Earnings Releases
  HEALTHCARE SERVICES GROUP INC reported three months ended December 31, 2023 results: revenue $423.8 million, net income $22.6 million, EPS $0.31. Guidance initiated.
  - Period: three months ended December 31, 2023
  - Revenue: $423.8 million
  - Net income: $22.6 million
  - EPS: $0.31
  - Guidance: initiated
  - Result: reported results
  source text: • Revenue of $423.8 million; adjusted revenue (1) of $425.0 million, in-line with expectations. • Net income and diluted EPS of $22.6 million and $0.31; adjusted net income (1) and adjusted diluted EPS (1) of $14.6 million and $0.20.
  evidence_url: https://www.sec.gov/Archives/edgar/data/731012/000073101224000019/0000731012-24-000019-index.htm
- Earnings Releases
  HEALTHCARE SERVICES GROUP INC reported financial results for year ended December 31, 2023.
  - Period: year ended December 31, 2023
  - Result: reported results
  source text: announcing its earnings for the three months and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/731012/000073101224000019/0000731012-24-000019-index.htm

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