Healthcare Services Group Q3 net income falls to $24.9 million; revenue rises
Healthcare Services Group reported third-quarter 2026 revenue of $479.6 million, up from $464.3 million a year earlier, but net income fell to $24.9 million from $43.0 million and diluted EPS fell to $0.36 from $0.59. The company also raised its 2027 revenue growth outlook to low double-digits from mid single-digits and completed the $93.5 million acquisition of NEXDINE Hospitality on October 6, 2026.
Key points
- Q3 revenue was $479.6 million versus $464.3 million a year earlier; income from operations was $31.9 million versus $45.9 million.
- Net income was $24.9 million ($0.36 diluted EPS) versus $43.0 million ($0.59) a year earlier; Adjusted EBITDA was $38.6 million versus $56.4 million.
- The company raised its 2027 revenue growth outlook from mid single-digits to low double-digits and expects fourth-quarter revenue of $535 to $545 million.
- Under its February 2026 plan, the company repurchased $11.7 million of common stock in the third quarter and has $56.6 million repurchased year to date.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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.