HealthEquity (HQY) Tops Q1 EPS by 9c, Offers Guidance

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Go back to HealthEquity (HQY) Tops Q1 EPS by 9c, Offers Guidance

HealthEquity Reports First Quarter Ended April 30, 2023 Financial Results

June 5, 2023 4:01 PM EDT

Highlights of the first quarter include:

Revenue of $244.4 million, an increase of 19% compared to $205.7 million in Q1 FY23.Net income of $4.1 million, compared to net loss of $13.6 million in Q1 FY23, with non-GAAP net income of $42.8 million, an increase of 89% compared to $22.7 million in Q1 FY23.Net income per diluted share of $0.05, compared to net loss per diluted share of $0.16 in Q1 FY23, with non-GAAP net income per diluted share of $0.50, compared... More