HealthEquity Reports Third Quarter Ended October 31, 2020 Financial Results

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Go back to HealthEquity Reports Third Quarter Ended October 31, 2020 Financial Results

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