HealthEquity (HQY) Tops Q4 EPS by 4c, Offers FY Guidance

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HealthEquity Reports Fourth Quarter and Fiscal Year Ended January 31, 2020 Financial Results

March 16, 2020 4:04 PM EDT

Highlights of the fiscal year include:

Revenue of $532.0 million, an increase of 85% compared to $287.2 million in FY19.Net income of $39.7 million, compared to $73.9 million in FY19, with non-GAAP net income of $118.4 million, compared to $81.8 million in FY19.Net income per diluted share of $0.58, compared to $1.17 in FY19, with non-GAAP net income per diluted share of $1.73, compared to $1.29 in FY19.Adjusted EBITDA of $196.5 million, compared to $118.4 million in FY19.5.3 million HSAs, an increase of 34% compared to FY19.$11.5 billion Total HSA Assets, an increase of 43% compared to FY19.12.8 million... More