01:45 PM EDT, 07/10/2025 (MT Newswires) -- Healthcare Services Group ( HCSG ) stock was down more than 10% in recent Thursday trading after the company said it expects to record non-cash charges tied to Genesis HealthCare's Chapter 11 bankruptcy filing.

Healthcare Services ( HCSG ), which provides services to 164 Genesis facilities, said it expects a Q2 non-cash charge of about $0.62 per share and a Q3 charge of about $0.03 to $0.04 per share.

Despite the expected impact, the company reiterated its 2025 guidance for mid-single-digit revenue growth and $60 million to $75 million in cash flow from operations, excluding the change in payroll accrual. Healthcare Services ( HCSG ) also said it expects to continue providing services and receiving payments from Genesis facilities without disruption.

Price: 13.16, Change: -1.50, Percent Change: -10.23