Brief: HCSG Provides Update On Client Restructuring, Reiterates 2024 Cash Flow Forecast & ROY Outlook

Healthcare Services

03/06/2024 18:04

June 3 (Reuters) - Healthcare Services Group Inc
 HCSG.O :
    * HCSG PROVIDES UPDATE ON CLIENT RESTRUCTURING; REITERATES
2024
CASH FLOW FORECAST & ROY OUTLOOK
    * HEALTHCARE SERVICES GROUP INC - FILED FOR CHAPTER 11
BANKRUPTCY
PROTECTION IN NORTHERN DISTRICT OF GEORGIA
    * HEALTHCARE SERVICES GROUP INC - AS A RESULT OF LAVIE'S
FILING,
COMPANY ESTIMATES A Q2 NON-CASH CHARGE OF APPROXIMATELY $0.20
PER SHARE
    * HEALTHCARE SERVICES GROUP INC - COMPANY EXPECTS TO
CONTINUE
PROVIDING SERVICES TO LAVIE AND EXPECTS NO IMPACT ON FUTURE
REVENUE OR EARNINGS
    * HEALTHCARE SERVICES GROUP INC -COMPANY EXPECTS TO CONTINUE
PROVIDING SERVICES TO LAVIE AND EXPECTS NO IMPACT ON FUTURE
REVENUE OR EARNINGS
    * HEALTHCARE SERVICES GROUP- SEES NO DISRUPTION IN
POSTPETITION
PAYMENTS AND REITERATES PREVIOUSLY SHARED Q2 AND 2024 ADJUSTED
CASH FLOW EXPECTATIONS

Source text for Eikon:  ID:nBw8R4qYJa 
Further company coverage:  HCSG.O