Healthcare Services Group Inc (NAS:HCSG)
$ 11.52 -0.15 (-1.29%) Market Cap: 855.31 Mil Enterprise Value: 773.78 Mil PE Ratio: 16.91 PB Ratio: 1.75 GF Score: 81/100
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Q3 2022 Healthcare Services Group Inc Earnings Call Transcript

Oct 19, 2022 / 12:30PM GMT
Release Date Price: $13.28 (-1.19%)
Operator

Good morning. My name is Chris, and I'll be your conference operator today. At this time, I'd like to welcome everyone to the HCSG 2022 Third Quarter Earnings Call. (Operator Instructions)

Ted Wahl, President and Chief Executive Officer, you may begin.

Theodore Wahl
Healthcare Services Group, Inc. - President, CEO & Director

Thank you, Chris, and good morning, everyone. Matt McKee and I appreciate you joining us today. We released our third quarter results this morning and plan on filing our 10-Q by the end of the week.

Our third quarter results reflect the ongoing and expected choppiness that we referenced during our second quarter call. And while we have conviction in our ability to manage the controllable components of our business, namely customer satisfaction, systems adherence, regulatory compliance and budget discipline, we are also realistic about the ongoing challenges that remain within our industry and the broader economy.

During the quarter, we successfully executed on our strategy to more favorably position our

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