secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHEQUITY, INC. (HQY)
CIK:        0001428336
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001428336-24-000005
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HealthEquity reports 9% HSA growth to 8.7M accounts, raises FY24 guidance, affirms FY25 outlook
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- HSAs 8.69M (+9% YoY); HSA Assets $25.2B (+14%); Total Accounts 15.7M (+5%).
- Q4 new HSAs from sales 497K (+12% YoY); record organic growth.
- FY24 guidance raised: Revenue $995M-$1B, Non-GAAP EPS $2.20-$2.24.
- FY25 guidance reaffirmed: Revenue $1.14B-$1.16B, Adj. EBITDA margin 38%-39%.
- CFO targets doubling non-GAAP EPS over three years as HSA cash yields rise.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1428336/000142833624000005/0001428336-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1428336/000142833624000005/hqy-20240221.htm
  HTML page:      https://secwatch.observer/filing/0001428336-24-000005

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