HealthEquity (HQY) Tops Q1 EPS by 6c, Revenues Beat; Offers FY22 EPS/Guidance Above Consensus

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Go back to HealthEquity (HQY) Tops Q1 EPS by 6c, Revenues Beat; Offers FY22 EPS/Guidance Above Consensus

HealthEquity Reports First Quarter Ended April 30, 2021 Financial Results

June 7, 2021 4:02 PM EDT

Highlights of the first quarter include:

Revenue of $184.2 million, a decrease of 3% compared to $190.0 million in Q1 FY21.Net loss of $2.6 million, compared to net income of $1.8 million in Q1 FY21, with non-GAAP net income of $31.0 million, compared to $30.8 million in Q1 FY21.Net loss per diluted share of $0.03, compared to net income per diluted share of $0.03 in Q1 FY21, with non-GAAP net income per diluted share of $0.38, compared to $0.43 in Q1 FY21.Adjusted EBITDA of $59.0 million, a decrease of 6% compared to $63.0 million in Q1... More