HealthEquity Reports Strong Third Quarter Results, Raises Business Outlook
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HealthEquity (HQY) Tops Q3 EPS by 25c, Revenues Beat; Raises FY20 Outlook
December 3, 2019 4:05 PM ESTHealthEquity (NASDAQ: HQY) reported Q3 EPS of $0.47, $0.25 better than the analyst estimate of $0.22. Revenue for the quarter came in at $157.1 million versus the consensus estimate of $152.38 million.
Highlights of the third quarter include:
Revenue of $157.1 million, an increase of 123% compared to Q3 FY19.Net loss of $21.3 million, compared to net income of $15.7 million in Q3 FY19, with non-GAAP net income of $32.8 million, an increase of 65% compared to Q3 FY19.Net loss per diluted share of $0.30, compared to net income per share of $0.25 in Q3 FY19, with non-GAAP... More