Corporate News

Healthcare Services Group Stock Surges 23% On Strong Q1 Results

Healthcare Services Group, Inc. (HCSG) shares jumped 20.94 percent to $11.38 during Wednesday's trading after the company reported strong financial results for the first quarter. Revenue rose to $447.7 million, up from $423.4 million in the same period last year.

The stock traded between $10.86 and $12.18 on the Nasdaq, with trading volume reaching 770,055 shares, surpassing its average volume of 506,201.

Net income also increased to $17.2 million from $15.3 million.

by RTTNews Staff Writer

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