HealthEquity Inc (HQY) Growth Acceleration; Raising Ests, PT - Leerink

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Go back to HealthEquity Inc (HQY) Growth Acceleration; Raising Ests, PT - Leerink

HealthEquity Reports First Quarter Ended April 30, 2016 Financial Results

June 7, 2016 4:15 PM EDT

Highlights of the first quarter include:

Revenue of $44.0 million, an increase of 47% compared to Q1 FY16.Net income of $8.1 million, an increase of 62% compared to Q1 FY16.Net income per diluted share of $0.14 compared to $0.09 in Q1 FY16.Adjusted EBITDA of $18.0 million, an increase of 66% compared to Q1 FY16.Non-GAAP EPS of $0.15 per share, compared to $0.10 in Q1 FY16.HSA Members grew to 2.2 million, an increase of 51% compared to Q1 FY16.Total AUM grew to $4.1 billion, an increase of 61% compared to Q1 FY16.Increased FY17 outlook.                                    ... More