HealthEquity (HQY) Announces Stuart Parker to Board

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HealthEquity (HQY) Tops Q3 EPS by 7c, Revenues Beat; Offers FY21 EPS/Revenue Outlook

December 7, 2020 4:04 PM EST

HealthEquity (NASDAQ: HQY) reported Q3 EPS of $0.43, $0.07 better than the analyst estimate of $0.36. Revenue for the quarter came in at $179.4 million versus the consensus estimate of $176.78 million.

Highlights of the third quarter include:

Revenue of $179.4 million, an increase of 14% compared to $157.1 million in Q3 FY20.Net income of $1.8 million, with non-GAAP net income of $32.2 million, compared to net loss of $21.3 million and non-GAAP net income of $30.3 million in Q3 FY20.Net income per diluted share of $0.02, with non-GAAP net income per diluted share of $0.41,... More

UPDATE: KeyBanc Downgrades HealthEquity, Inc (HQY) to Sector Weight

December 2, 2020 3:34 AM EST

(Updated - December 2, 2020 6:12 AM EST)

(updating comment)

KeyBanc analyst Donald Hooker downgraded HealthEquity, Inc (NASDAQ: HQY) from Overweight to Sector Weight.

The analyst comments "We are downgrading HQY to Sector Weight with the Company's share price up 40%+ (vs.... More