Market Overview

Recap: HealthEquity Q2 Earnings

Share:

Shares of HealthEquity (NASDAQ:HQY) moved lower by 5.16% after the company reported Q2 results.

Quarterly Results

Earnings per share were down 6.67% year over year to $0.42, which beat the estimate of $0.27.

Revenue of $176,039,000 up by 103.22% from the same period last year, which beat the estimate of $171,280,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Sep 08, 2020

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/7krywywq

Recent Stock Performance

52-week high: $88.78

52-week low: $34.40

Price action over last quarter: Up 2.58%

Company Overview

HealthEquity Inc provides solutions that allow consumers to make healthcare saving and spending decisions. Its technology allows customers to see their tax-advantaged healthcare savings, compare treatment options and pricing, pay healthcare bills, receive benefit information, and earn wellness incentives. The firm primarily partners with health plans and employers and serves as the custodian of its customers' health savings accounts (HSAs). HealthEquity also engages in reimbursement arrangements and offers healthcare incentives to its members. In addition, the company provides investment advisory services to customers whose account balances exceed a certain threshold. HealthEquity generates its revenue in the United States.

 

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Posted-In: Earnings