HealthEquity (HQY) Tops Q2 EPS by 5c
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HealthEquity Reports Second Quarter Ended July 31, 2023 Financial Results
September 5, 2023 4:00 PM EDTDelivers Record HSA Asset Growth, Margin Expansion
Highlights of the second quarter include:
Revenue of $243.5Â million, an increase of 18% compared to $206.1Â million in Q2 FY23.Net income of $10.6Â million, compared to net loss of $10.7Â million in Q2 FY23, with non-GAAP net income of $45.6Â million, an increase of 62% compared to $28.1Â million in Q2 FY23.Net income per diluted share of $0.12, compared to net loss per diluted share of $0.13 in Q2 FY23, with non-GAAP net income per diluted share of $0.53, compared to $0.33 in Q2 FY23.Adjusted EBITDA of... More