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HealthEquity, Inc - $HQY STOCK NEWS

Welcome to our dedicated page for HealthEquity news (Ticker: $HQY), a resource for investors and traders seeking the latest updates and insights on HealthEquity stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect HealthEquity's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of HealthEquity's position in the market.

Rhea-AI Summary
HealthEquity, Inc. (NASDAQ: HQY) has been recognized as a Top Place to Work in multiple regional rankings, highlighting the company's commitment to fostering an empowering and inclusive culture. The awards, based on workforce feedback, emphasize HealthEquity's performance in leadership, purpose, values, innovation, compensation, benefits, and work-life flexibility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
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Rhea-AI Summary
Conduent and HealthEquity have entered into an agreement to transfer BenefitWallet's HSA portfolio to HealthEquity for approximately $425 million. The portfolio includes 665,000 customer accounts and $2.7 billion of HSA assets. The transfer is expected to close in the first half of 2024. Conduent plans to maintain modest levels of net leverage with the proceeds.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.63%
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none
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Rhea-AI Summary
Conduent and HealthEquity have agreed to transfer BenefitWallet's HSA portfolio to HealthEquity for approximately $425 million, including 665,000 customer accounts and $2.7 billion of HSA assets. The transaction is expected to close in the first half of 2024. Conduent plans to maintain modest levels of net leverage with the proceeds.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.63%
Tags
none
Rhea-AI Summary
HealthEquity reports record HSA asset growth and margin expansion in Q2 FY23. Revenue increased by 18% to $243.5 million. Net income was $10.6 million, compared to a net loss of $10.7 million in Q2 FY23. Adjusted EBITDA increased by 31% to $88.1 million. HSA assets increased by 13% to $23.2 billion. Total accounts increased by 3% to 15.0 million. Business outlook for FY24 includes expected revenue of $980 million to $990 million and Adjusted EBITDA of $338 million to $348 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.76%
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Rhea-AI Summary
HealthEquity, Inc. has launched an inaugural 'HSA Week' to enhance financial literacy around consumer-directed benefits like HSAs. A recent survey revealed that 68% of benefits leaders believe low understanding of benefits causes some employee groups to be underserved.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.87%
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Rhea-AI Summary
HealthEquity (NASDAQ: HQY) releases findings from employer survey, highlighting the importance of consumer-directed benefits in battling inflation. The survey reveals that 87% of employers believe in the potential of consumer-directed benefits to combat shrinking purchasing power. HealthEquity's data also shows that cost containment is now the top concern for HR leaders, with consumer-directed benefits providing support through lower premium costs, employer contributions, and HSA contributions, ultimately leading to improved health outcomes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.11%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.44%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.61%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.73%
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none
HealthEquity, Inc

Nasdaq:HQY

HQY Rankings

HQY Stock Data

6.77B
84.49M
2.22%
101.08%
3.46%
All Other Information Services
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Link
United States of America
DRAPER

About HQY

healthequity is the nation’s oldest and largest dedicated health savings trustee. we help individuals and families build health savings, while empowering employers to spend less on benefits through innovative, integrated health care account administration and investment platforms, all backed by 24/7/365 service, personalized savings strategies and consumer education. healthequity partners–more than 14,000 employers and 60 national health plans–spend less on benefits and get more by leveraging healthequity’s acclaimed service and education. healthequity is an irs-approved nonbank hsa trustee. as of september 30, 2010, healthequity manages more than $640 million in health savings assets. and all healthequity-managed cash deposits are fdic-insured to the greatest extent allowed by law. founded by dr. stephen neeleman, a practicing trauma surgeon and author of the complete hsa guidebook, healthequity is based in salt lake city and has members and sales representatives nationwide. v