Healthcare Services Group Q3 revenue $428.1 million; net income $14.0 million
Healthcare Services Group reported third-quarter 2024 revenue of $428.1 million, up from $411.4 million a year earlier, and net income of $14.0 million, or $0.19 per diluted share, compared with a net loss of $5.0 million, or $0.07 per share, in the same quarter of 2023. The company reaffirmed its fourth-quarter revenue estimate of $430.0 million to $440.0 million and its 2024 adjusted cash flow from operations forecast of $40.0 million to $55.0 million.
Key points
- Q3 2024 revenue of $428.1 million, up from $411.4 million in Q3 2023 and within the company's $425.0 million to $435.0 million expectation range.
- Net income of $14.0 million, or $0.19 per diluted share, versus a net loss of $5.0 million, or $0.07 per share, a year earlier.
- Reaffirmed Q4 2024 revenue estimate of $430.0 million to $440.0 million and 2024 adjusted cash flow from operations forecast of $40.0 million to $55.0 million.
- Adjusted EBITDA of $24.8 million; cash and marketable securities of $130.0 million as of September 30, 2024.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.