secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHEQUITY, INC. (HQY)
CIK:        0001428336
Form:       8-K
Filed at:   2023-06-05T23:59:59+00:00
Accession:  0001428336-23-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HealthEquity Q1 revenue $244.4M (+19%), net income $4.1M vs loss, raises FY guidance
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- Revenue $244.4M (+19% YoY); GAAP EPS $0.05; non-GAAP EPS $0.50 vs $0.27.
- Adjusted EBITDA $86.6M (+48%), margin 35% vs 28%.
- HSA accounts 8.0M (+9%); total HSA assets $22.3B (+10%).
- FY2024 guidance raised: revenue $975-985M, Adj. EBITDA $333-343M, non-GAAP EPS $1.88-$1.97.
- Early repaid $50M variable-rate debt; cites strong profitability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1428336/000142833623000020/0001428336-23-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1428336/000142833623000020/hqy-20230605.htm
  HTML page:      https://secwatch.observer/filing/0001428336-23-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer