HQY

HealthEquity Sets Date to Announce Fiscal Year End Results

Retrieved on: 
Tuesday, March 5, 2024

DRAPER, Utah, March 05, 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 fourth quarter and fiscal year end 2024 financial results following the close of regular stock market trading hours on Tuesday, March 19, 2024.

Key Points: 
  • DRAPER, Utah, March 05, 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 fourth quarter and fiscal year end 2024 financial results following the close of regular stock market trading hours on Tuesday, March 19, 2024.
  • Following the news release, HealthEquity management plans to host a conference call for investors on Tuesday, March 19, 2024, at 4:30 p.m.
  • ET during which management will review the Company’s financial results.

HealthEquity Recognized by Glassdoor as a Top U.S. Workplace for 2024

Retrieved on: 
Friday, January 12, 2024

DRAPER, Utah, Jan. 12, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY), the nation’s largest health savings account (“HSA”) custodian, has been named a winner of Glassdoor’s 16th annual Employees’ Choice Awards, honoring the Best Places to Work 2024 .

Key Points: 
  • DRAPER, Utah, Jan. 12, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY), the nation’s largest health savings account (“HSA”) custodian, has been named a winner of Glassdoor’s 16th annual Employees’ Choice Awards, honoring the Best Places to Work 2024 .
  • The Glassdoor Employees’ Choice Awards are based on the input of employees who voluntarily provide anonymous feedback on Glassdoor by completing a company review

HealthEquity Announces Year-End HSA Sales Outlook; Presentation at J.P. Morgan Healthcare Conference; Investor Day

Retrieved on: 
Monday, January 8, 2024

Estimated HSA assets to be approximately $24.5 billion, up from $22.1 billion at the end of fiscal year 2023, with approximately $15 billion of HSA cash.

Key Points: 
  • Estimated HSA assets to be approximately $24.5 billion, up from $22.1 billion at the end of fiscal year 2023, with approximately $15 billion of HSA cash.
  • These estimates do not include the BenefitWallet HSA portfolio acquisition that is expected to close in fiscal 2025.
  • “The growth of Enhanced Rates is a win for our members and for HealthEquity,” said James Lucania, EVP and CFO.
  • HealthEquity also announced the registration links for its investor day are now open for institutional investors and analysts.

HealthEquity Forum to Unveil 2024's Top Employee Benefits Trends: AI, Cost Management, and More

Retrieved on: 
Tuesday, December 12, 2023

They will share diverse perspectives on the following topics:

Key Points: 
  • They will share diverse perspectives on the following topics:
    Tackling Rising Healthcare Costs: HealthEquity recently found over 60% of benefits leaders list ‘cost’ as their top concern (research from 2022—Making HSAs work smarting).
  • The discussion will center on balancing costs, while offering robust benefit options, while exploring the growing trend of self-directed benefits in 2024.
  • Elevating Benefits Literacy Across Diverse Workforces: Addressing benefits literacy, the panel will also focus on the challenges of conveying complex benefits information to diverse workplaces.
  • The event will be a springboard for discussing approaches to improving benefits understanding — and the outsized impact those efforts can have.

HealthEquity Reports Third Quarter Ended October 31, 2023 Financial Results

Retrieved on: 
Tuesday, December 5, 2023

DRAPER, Utah, Dec. 05, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") custodian, today announced financial results for its third quarter ended October 31, 2023.

Key Points: 
  • DRAPER, Utah, Dec. 05, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") custodian, today announced financial results for its third quarter ended October 31, 2023.
  • Revenue for the third quarter ended October 31, 2023 was $249.2 million, an increase of 15% compared to $216.1 million for the third quarter ended October 31, 2022.
  • Adjusted EBITDA was $95.6 million for the third quarter ended October 31, 2023, an increase of 30% compared to the third quarter ended October 31, 2022.
  • HealthEquity management will host a conference call at 4:30 pm (Eastern Time) on Tuesday, December 5, 2023 to discuss the fiscal 2024 third quarter financial results.

HealthEquity Sets Date to Announce Third Quarter Results

Retrieved on: 
Wednesday, November 8, 2023

DRAPER, Utah , Nov. 08, 2023 (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 third quarter of fiscal 2024 financial results following the close of regular stock market trading hours on Tuesday, December 5, 2023.

Key Points: 
  • DRAPER, Utah , Nov. 08, 2023 (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 third quarter of fiscal 2024 financial results following the close of regular stock market trading hours on Tuesday, December 5, 2023.
  • Following the news release, HealthEquity management plans to host a conference call for investors on Tuesday, December 5, 2023, at 4:30 p.m.
  • ET during which management will review the Company’s third quarter results.

HealthEquity Named Top Workplace in Rankings Nationwide

Retrieved on: 
Tuesday, November 7, 2023

The awards, which are based largely on workforce feedback, underscore HealthEquity's commitment to foster a culture that empowers its team members.

Key Points: 
  • The awards, which are based largely on workforce feedback, underscore HealthEquity's commitment to foster a culture that empowers its team members.
  • The company is recognized for its excellent performance in specific areas such as leadership, purpose, values, innovation, compensation, benefits, and work-life flexibility.
  • The color purple reminds teammates the importance of living the HealthEquity values to bring our vision to life.
  • "These awards are more than just accolades — they are a clear indication of the trust our team places in HealthEquity,” said Cheryl King, HealthEquity chief people officer.

Conduent’s BenefitWallet HSA Portfolio Moving to HealthEquity

Retrieved on: 
Tuesday, September 19, 2023

(Nasdaq: HQY), the nation’s largest health savings account (HSA) administrator, today announced that they have entered into a definitive agreement to transfer BenefitWallet’s Health Savings Account (HSA) portfolio to HealthEquity.

Key Points: 
  • (Nasdaq: HQY), the nation’s largest health savings account (HSA) administrator, today announced that they have entered into a definitive agreement to transfer BenefitWallet’s Health Savings Account (HSA) portfolio to HealthEquity.
  • The agreement contemplates a purchase price of approximately $425 million for the transition of all BenefitWallet HSA accounts, including approximately 665,000 customer accounts and their approximately $2.7 billion of HSA assets to HealthEquity.
  • "This transaction demonstrates progress on the portfolio rationalization plan outlined earlier this year,” said Cliff Skelton, President and Chief Executive Officer, Conduent.
  • HealthEquity will provide best-in-class HSA solutions, while Conduent will continue to provide a variety of other market-leading solutions, including benefit administration services.”
    "We are eager to welcome BenefitWallet HSA members, their employers, and partners to HealthEquity with remarkable Purple service from HSA experts and the industry’s leading platform for empowering healthcare consumers," said HealthEquity's CEO, Jon Kessler.

HealthEquity Reports Second Quarter Ended July 31, 2023 Financial Results

Retrieved on: 
Tuesday, September 5, 2023

DRAPER, Utah, Sept. 05, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") custodian, today announced financial results for its second quarter ended July 31, 2023.

Key Points: 
  • DRAPER, Utah, Sept. 05, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") custodian, today announced financial results for its second quarter ended July 31, 2023.
  • Revenue for the second quarter ended July 31, 2023 was $243.5 million, an increase of 18% compared to $206.1 million for the second quarter ended July 31, 2022.
  • Adjusted EBITDA was $88.1 million for the second quarter ended July 31, 2023, an increase of 31% compared to the second quarter ended July 31, 2022.
  • HealthEquity management will host a conference call at 4:30 pm (Eastern Time) on Tuesday, September 5, 2023 to discuss the fiscal 2024 second quarter financial results.

HealthEquity Announces Inaugural "HSA Week" to Increase Consumer Education and Engagement

Retrieved on: 
Monday, August 14, 2023

DRAPER, Utah, Aug. 14, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity”), the leader in health savings accounts (HSAs) and consumer-directed benefits administration, has launched an inaugural "HSA Week," starting today.

Key Points: 
  • DRAPER, Utah, Aug. 14, 2023 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity”), the leader in health savings accounts (HSAs) and consumer-directed benefits administration, has launched an inaugural "HSA Week," starting today.
  • According to a recent HealthEquity survey , 68% of benefits leaders say low understanding of benefits causes some employee groups to be underserved.
  • HSA Week aims to enhance financial literacy around consumer-directed benefits like HSAs, provide consumers and benefits leaders with useful resources, and clarify common misconceptions about the use of HSAs.
  • “Learning about benefits doesn’t need to be a chore,” said Nicky Brown, HSA Squad member and Vice President, Public Policy and Government Affairs.