HealthEquity (HQY) Tops Q4 EPS by 3c

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HealthEquity Reports Fiscal Year and Fourth Quarter Ended January 31, 2021 Financial Results

March 15, 2021 4:02 PM EDT

Highlights of the fiscal year include:

Revenue of $733.6 million, an increase of 38% compared to $532.0 million in FY20.Net income of $8.8 million, compared to $39.7 million in FY20, with non-GAAP net income of $126.3 million, compared to $114.8 million in FY20.Net income per diluted share of $0.12, compared to $0.58 in FY20, with non-GAAP net income per diluted share of $1.67, compared to $1.68 in FY20.Adjusted EBITDA of $240.8 million, an increase of 23% compared to $196.5 million in FY20.5.8 million HSAs, an increase of 8% compared to FY20.$14.3 billion Total HSA Assets, an increase of 24%... More