Healthcare Services Group Inc. (HCSG: Quote) reported that its first-quarter net income increased to $8.58 million or $0.13 per share, from $7.77 million or $0.12 per share in the year ago quarter.
Revenues for the quarter increased over 25% to $260.61 million from $208.39 million in the prior year quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.14 per share on revenues of $253.30 million for the quarter. Analysts' estimates typically exclude special items.
Additionally, the company said that its board declared a regular quarterly cash dividend of $0.1625 per common share, payable on May 18, 2012 to shareholders of record at the close of business on April 27, 2012.
Click here to receive FREE breaking news email alerts for Healthcare Services Group and others in your portfolio
by RTT Staff Writer
For comments and feedback: email@example.com