Higher One Holdings (ONE) Tops Q1 EPS by 3c

May 8, 2014 6:38 AM EDT

Higher One Holdings (NYSE: ONE) reported Q1 EPS of $0.25, $0.03 better than the analyst estimate of $0.22. Revenue for the quarter came in at $66.6 million versus the consensus estimate of $60.57 million.

Total enrollment at higher education clients that signed an agreement for Refund Management services increased to 5.1 million, an increase of approximately 398,000 from 4.7 million at the end of the first quarter of 2013. Total enrollment at higher education clients that have signed up for at least one of our Refund Management, Payment Processing, or Educational Services modules totals approximately 13.2 million.

The number of OneAccounts at the end of the first quarter of 2014 was approximately 2.3 million, up 6% from the first quarter of 2013.

For earnings history and earnings-related data on Higher One Holdings (ONE) click here.



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