The health savings account provider reported $1.24 non-GAAP EPS and raised its fiscal 2027 revenue outlook above consensus.
HealthEquity posted first-quarter non-GAAP earnings per share of $1.24, exceeding estimates by $0.12, as revenue rose 7.2% year-over-year to $354.6 million. The result surpassed revenue expectations by $2.3 million.
The company’s prior-year Q1 revenue stood at $330.7 million, with analysts anticipating $352.3 million for the latest quarter. Management also lifted its fiscal 2027 revenue guidance to a range of $1.410 billion to $1.420 billion, compared to a consensus estimate of $1.41 billion.
Shares showed limited immediate reaction in after-hours trading following the release.