secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHEQUITY, INC. (HQY)
CIK:        0001428336
Form:       8-K
Filed at:   2024-12-09T23:59:59+00:00
Accession:  0001428336-24-000109
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HealthEquity Q3 revenue $300.4M (+21% YoY); non-GAAP EPS $0.78 vs $0.60; raises FY2025 outlook
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- Revenue $300.4M (+21% YoY); net income $5.7M ($0.06 diluted EPS) vs $14.7M ($0.17) prior.
- Non-GAAP net income $69.4M (+33%), non-GAAP EPS $0.78 (vs $0.60); Adjusted EBITDA $118.2M (+24%).
- HSAs reached 9.5M (+15% YoY), HSA Assets $30B (+33%), Total Accounts 16.5M (+8%).
- Repurchased 0.7M shares for $60M; $240M remaining under buyback authorization.
- FY2025 guidance raised: Revenue $1.185-1.195B, Adj EBITDA $470-480M; FY2026 initial outlook revenue ~$1.275-1.295B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1428336/000142833624000109/0001428336-24-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1428336/000142833624000109/hqy-20241209.htm
  HTML page:      https://secwatch.observer/filing/0001428336-24-000109

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