HealthEquity Reports First Quarter Ended April 30, 2024 Financial Results

Highlights of the first quarter include: Revenue of $287.6 million, an increase of 18$244.4 million in Q1 FY24. Net income of $28.8 million, compared to$4.1 million in Q1 FY24, with non-GAAP net income of $70.3 million, an increase of 64$42.8 million in Q1 FY24. Net income per diluted share of $0.33, compared to$0.05 in Q1 FY24, with non-GAAP net income per diluted share of $0.80, compared to$0.50 in Q1 FY24. Adjusted EBITDA of $117.4 million, an increase of 36$8 ...