HealthEquity (HQY) Tops Q1 EPS by 1c, Offers Guidance
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HealthEquity Reports First Quarter Ended April 30, 2022 Financial Results
June 6, 2022 4:00 PM EDTHighlights of the first quarter include:
Revenue of $205.7Â million, an increase of 12% compared to $184.2Â million in Q1 FY22.Net loss of $13.6Â million, compared to $2.6Â million in Q1 FY22, with non-GAAP net income of $22.7Â million, a decrease of 27% compared to $31.0Â million in Q1 FY22.Net loss per diluted share of $0.16, compared to $0.03 in Q1 FY22, with non-GAAP net income per diluted share of $0.27, compared to $0.38 in Q1 FY22.Adjusted EBITDA of $58.3Â million, a decrease of 1% compared to $59.0Â million in Q1 FY22.7.4Â million HSAs, an increase of 26%... More