Healthcare Services Group Earnings: Tax Reform Overshadows Strong Revenue Growth

newsfeedback@fool.com (Brian Feroldi), The Motley Fool
Thu, 02/08/2018 - 1:47pm

Healthcare Services Group (NASDAQ: HCSG), a leading provider of housekeeping and nutritional services to healthcare facilities, reported its fourth-quarter results on Tuesday, Feb. 6. Sales continue to grow at a rapid rate as the company succeeded at cross-selling its dining and nutrition services to its existing pool of customers. However, a one-time tax hit related to the passage of the Tax Cuts and Jobs Act caused net income growth to stall.MetricQ4 2017Continue reading

Topics: healthcare services group nasdaq hcsg feb sales tax cuts jobs act metricq4 2017continue growth

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Healthcare Services Group Earnings: Tax Reform Overshadows Strong Revenue Growth

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