HealthEquity (HQY) Tops Q2 EPS by 12c, Sales Rise 29%; Raises Outlook

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Go back to HealthEquity (HQY) Tops Q2 EPS by 12c, Sales Rise 29%; Raises Outlook

HealthEquity Reports Second Quarter Ended July 31, 2017 Financial Results

September 5, 2017 4:07 PM EDT

Highlights of the second quarter include:

Revenue of $56.9 million, an increase of 29% compared to Q2 FY17.Net income of $16.9 million, an increase of 106% compared to Q2 FY17.Net income per diluted share of $0.27 compared to $0.14 in Q2 FY17.Adjusted EBITDA of $23.9 million, an increase of 30% compared to Q2 FY17.

DRAPER, Utah, Sept. 05, 2017 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") non-bank custodian, today announced financial results for its second quarter ended July 31,... More