Healthcare Services Group, Inc. (NASDAQ:HCSG) today reported its third‑quarter 2025 financial results, posting revenue of $464.3 million—an 8.5% year‑over‑year increase—and earnings per share of $0.59, up from $0.19 in the same quarter last year. Net income for the period was $42.9 million, reflecting a robust operating margin and a sequential rise in profitability. The company’s top‑line growth was driven by new client wins and high retention rates across its housekeeping and dietary service segments.
Cash and marketable securities totaled $207.5 million at the end of September, while the company’s $500 million revolving credit facility remained largely undrawn. In the third quarter, HCSG repurchased $27.3 million of common stock, bringing year‑to‑date share‑repurchases to $42 million under its February 2023 authorization. These actions underscore the company’s strong liquidity position and commitment to returning value to shareholders.
CEO Theodore Wahl highlighted that the quarter’s results were “marked by year‑over‑year and sequential increases in revenue, earnings, and cash flow.” He noted that new client acquisitions and operational excellence across field teams contributed to consistent margins, and that cash‑collection trends remained positive. The company expressed confidence that its strategic priorities—focused on client expansion, cost discipline, and capital allocation—would continue to drive growth and profitability in the coming quarters.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.