HealthEquity (HQY) Tops Q4 EPS by 7c, Offers Guidance

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Go back to HealthEquity (HQY) Tops Q4 EPS by 7c, Offers Guidance

HealthEquity Reports Fiscal Year and Fourth Quarter Ended January 31, 2024 Financial Results

March 19, 2024 4:01 PM EDT

Highlights of the fiscal year include:

Revenue of $999.6 million, an increase of 16% compared to $861.7 million in FY23.Net income of $55.7 million, compared to net loss of $26.1 million in FY23, with non-GAAP net income of $195.5 million, compared to $114.5 million in FY23.Net income per diluted share of $0.64, compared to net loss per diluted share of $0.31 in FY23, with non-GAAP net income per diluted share of $2.25, compared to $1.36 in FY23.Adjusted EBITDA of $369.2 million, an increase of 36% compared to $272.3 million in FY23.8.7 million HSAs, an increase of 9%... More