HealthEquity (HQY) Tops Q3 EPS by 4c

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HealthEquity Reports Third Quarter Ended October 31, 2022 Financial Results

December 6, 2022 4:01 PM EST

Highlights of the third quarter include:

Revenue of $216.1 million, an increase of 20% compared to $180.0 million in Q3 FY22.Net loss of $1.6 million, compared to $5.0 million in Q3 FY22, with non-GAAP net income of $32.4 million, an increase of 12% compared to $28.9 million in Q3 FY22.Net loss per diluted share of $0.02, compared to $0.06 in Q3 FY22, with non-GAAP net income per diluted share of $0.38, compared to $0.35 in Q3 FY22.Adjusted EBITDA of $73.4 million, an increase of 20% compared to $61.1 million in Q3... More