Healthcare Services Posts In-Line Q1 Earnings

reported in-line earnings for the first quarter on Tuesday. The Bensalem, Pennsylvania-based company posted quarterly net income of $15.5 million, or $0.22 per share, versus $14.6 million, or $0.21 per share, in the year-ago quarter. Its revenue rose around 14 percent to $355.2 million from $312.2 million in the year-ago period. However, analysts were expecting earnings of $0.22 per share on revenue of $351.34 million. The company's board raised its quarterly cash dividend to $0.17750 per share from $0.17625 per share. The average estimate among 4 Estimize users was for earnings of $0.23 per share and revenue of $351.88 million. Healthcare Services shares fell 0.73 percent to $31.45 in the after-hours trading session.