Healthcare Services Stock Gains After Q1 Earnings Beat
Healthcare Services Group, Inc. (NASDAQ:HCSG) reported first-quarter FY22 revenue growth of 4.7% year-over-year to $426.8 million, beating the consensus of $424.77 million. Segment revenue: Housekeeping & Laundry $201.7 million and Dining & Nutrition $225.1 million. Operating profit declined by 42.8% Y/Y to $17.81 million, and the margin contracted by 346 bps to…
Benzinga ·
Benzinga
