HealthEquity (HQY) Reports In-Line Q1 EPS, Raises FY Revenue Guidance
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HealthEquity Reports First Quarter Ended April 30, 2015 Financial Results
June 8, 2015 4:07 PM EDTHighlights of the first quarter include:
Revenue of $29.9 million, an increase of 48% compared to Q1 FY15. Net income of $5.0 million, an increase of 83% compared to Q1 FY15. Net income per diluted share of $0.09 compared to $0.08 in Q1 FY15. Adjusted EBITDA of $10.8 million, an increase of 59% compared to Q1 FY15. Non-GAAP EPS of $0.10 per share compared to $0.06 in Q1 FY15. HSA Members grew to 1.5 million, an increase of 46% compared to Q1 FY15. Total AUM grew to $2.5 billion, a 50% increase compared to Q1 FY15. Increase in FY16... More