HQY Stock Recent News

HQY surpasses second-quarter expectations on robust HSA growth and improved margins. It also raises FY25 guidance.

HealthEquity, Inc. (NASDAQ:HQY ) Q2 2025 Earnings Conference Call September 3, 2024 4:30 PM ET Company Participants Richard Putnam - IR Jon Kessler - President & CEO James Lucania - EVP & CFO Steve Neeleman - Vice Chair and Founder Conference Call Participants Anne Samuel - J.P. Morgan Glen Santangelo - Jefferies Sean Dodge - RBC Capital Markets Stan Berenshteyn - Wells Fargo Securities Allen Lutz - Bank of America Scott Schoenhaus - KeyBanc David Larsen - BTIG Stephanie Davis - Barclays Mark Marcon - Baird George Hill - Deutsche Bank Operator Good afternoon and welcome to the HealthEquity Second Quarter 2025 Earnings Conference Call.

Evaluate the expected performance of HealthEquity (HQY) for the quarter ended July 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

HealthEquity, a provider of HSAs and CDBs, has shown strong growth and improved cash flows, leading me to upgrade it to a 'buy' in May. Despite a 2.9% drop in shares versus a 6.5% rise in the S&P 500, I remain confident in HealthEquity's long-term potential. Recent financials show impressive growth: Q1 revenue up 17.7%, net income surged from $4.1M to $28.8M, and EBITDA increased from $86.6M to $117.4M.

HQY's sustained strength in HSAs raises optimism about the stock.

HealthEquity continues to present highly attractive fundamentals. FY'25 is guidance raised to ~$1.18Bn in revenue and ~$3.10/share in earnings. Technicals are robust on longer-term time frames, with price structure strengthening after demand-fill at ~$55-$60s.

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NEW YORK, NY / ACCESSWIRE / August 14, 2024 / HealthEquity, Inc. ("HealthEquity") has disclosed a data breach affecting the personal information of its customers. The breach compromised sensitive personal information entrusted to HealthEquity.

DRAPER, Utah, Aug. 13, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation's largest health savings account (“HSA") custodian, today announced plans to release its second quarter of fiscal 2025 financial results following the close of regular stock market trading hours on Tuesday, September 3, 2024. Following the news release, HealthEquity management plans to host a conference call for investors on Tuesday, September 3, 2024, at 4:30 p.m. Eastern Time during which management will review the Company's second quarter results.