HealthEquity (HQY) Tops Q1 EPS by 7c; Raises Outlook
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HealthEquity Reports First Quarter Ended April 30, 2017 Financial Results
June 6, 2017 4:05 PM EDTHighlights of the first quarter include:
Revenue of $55.4 million, an increase of 26% compared to Q1 FY17.Net income of $14.0 million, an increase of 74% compared to Q1 FY17.Net income per diluted share of $0.23 compared to $0.14 in Q1 FY17.Adjusted EBITDA of $22.4 million, an increase of 24% compared to Q1 FY17.                                ÂDRAPER, Utah, June 06, 2017 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") non-bank custodian, today announced financial results for its first quarter ended April 30, 2017.
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