HealthEquity (HQY) Tops Q3 EPS by 25c, Revenues Beat; Raises FY20 Outlook

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Go back to HealthEquity (HQY) Tops Q3 EPS by 25c, Revenues Beat; Raises FY20 Outlook

HealthEquity Reports Strong Third Quarter Results, Raises Business Outlook

December 3, 2019 4:01 PM EST

Highlights of the third quarter include:

Revenue of $157.1 million, an increase of 123% compared to Q3 FY19.Net loss of $21.3 million, compared to net income of $15.7 million in Q3 FY19, with non-GAAP net income of $32.8 million, an increase of 65% compared to Q3 FY19.Net loss per diluted share of $0.30, compared to net income per share of $0.25 in Q3 FY19, with non-GAAP net income per diluted share of $0.47, an increase of 52% compared to Q3 FY19.Adjusted EBITDA of $55.5 million, an increase of 87% compared to Q3 FY19.5.0 million... More