HealthEquity (HQY) Tops Q1 EPS by 3c, Beats on Revenues; Boosts FY19 Outlook

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Go back to HealthEquity (HQY) Tops Q1 EPS by 3c, Beats on Revenues; Boosts FY19 Outlook

HealthEquity Reports First Quarter Ended April 30, 2018 Financial Results

June 4, 2018 4:07 PM EDT

Highlights of the first quarter include:

Revenue of $69.9 million, an increase of 26% compared to Q1 FY18.Net income of $22.6 million, an increase of 61% compared to Q1 FY18.Net income per diluted share of $0.36 compared to $0.23 in Q1 FY18.Non-GAAP net income per diluted share of $0.31 compared to $0.19 in Q1 FY18.Adjusted EBITDA of $29.6 million, an increase of 32% compared to Q1 FY18.HSA Members of 3.5 million, an increase of 24% compared to Q1 FY18.Total Custodial Assets of $6.9 billion, an increase of 31% compared to Q1 FY18.... More