HealthEquity (HQY) witnessed strong growth in Service, Custodial and Interchange segments in Q2.
HQY earnings call for the period ending July 31, 2020.
Shares of HealthEquity (NASDAQ:HQY) moved lower by 5.16% after the company reported Q2 results.Quarterly Results Earnings per share were down 6.67% year over year to $0.42, which beat the estimate of $0.27.Revenue of $176,039,000 up by 103.22% from the same period last year, which beat the estimate of $171,280,000.Looking Ahead Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.Conference Call Details Date: Sep 08, 2020View more earnings on HQYTime: 04:30 PMET Webcast URL: https://edge.media-server.com/mmc/p/7krywywqRecent Stock Performance 52-week high: $88.7852-week low: $34.40Price action over last quarter: Up 2.58%Company Overview HealthEquity Inc provides solutions that allow consumers to make healthcare saving and spending decisions. Its technology allows customers to see their tax-advantaged healthcare savings, compare treatment options and pricing, pay healthcare bills, receive benefit information, and earn wellness incentives. The firm primarily partners with health plans and employers and serves as the custodian of its customers' health savings accounts (HSAs). HealthEquity also engages in reimbursement arrangements and offers healthcare incentives to its members. In addition, the company provides investment advisory services to customers whose account balances exceed a certain threshold. HealthEquity generates its revenue in the United States.See more from Benzinga * Earnings Scheduled For September 8, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.