HealthEquity (HQY) Tops Q4 EPS by 2c, Offers Guidance

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Go back to HealthEquity (HQY) Tops Q4 EPS by 2c, Offers Guidance

HealthEquity Reports Fiscal Year and Fourth Quarter Ended January 31, 2023 Financial Results

March 21, 2023 4:01 PM EDT

Highlights of the fiscal year include:

Revenue of $861.7 million, an increase of 14% compared to $756.6 million in FY22.Net loss of $26.1 million, compared to $44.3 million in FY22, with non-GAAP net income of $114.5 million, compared to $110.2 million in FY22.Net loss per diluted share of $0.31, compared to $0.53 in FY22, with non-GAAP net income per diluted share of $1.36, compared to $1.33 in FY22.Adjusted EBITDA of $272.3 million, an increase of 15% compared to $236.0 million in FY22.8.0 million HSAs, an increase of 11% compared to FY22.Total HSA Assets of $22.1 billion, an increase of 13%... More