HealthEquity Reports First Quarter Ended April 30, 2021 Financial Results

Go back to HealthEquity Reports First Quarter Ended April 30, 2021 Financial Results

HealthEquity (HQY) Tops Q1 EPS by 6c, Revenues Beat; Offers FY22 EPS/Guidance Above Consensus

June 7, 2021 4:06 PM EDT

HealthEquity (NASDAQ: HQY) reported Q1 EPS of $0.38, $0.06 better than the analyst estimate of $0.32. Revenue for the quarter came in at $184.2 million versus the consensus estimate of $180.84 million.

Highlights of the first quarter include:

Revenue of $184.2 million, a decrease of 3% compared to $190.0 million in Q1 FY21.Net loss of $2.6 million, compared to net income of $1.8 million in Q1 FY21, with non-GAAP net income of $31.0 million, compared to $30.8 million in Q1 FY21.Net loss per diluted share of $0.03, compared to net income per diluted share of... More