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Stockreport

HealthEquity Reports Year-End Sales Metrics

HEALTHEQUITY (HQY)  More Company Research Source: GlobeNewswire
Last healthequity earnings: 3/19 04:04 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.healthequity.com/investor-overview
PDF DRAPER, Utah, Feb. 06, 2018 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ:HQY) ("HealthEquity" or the "Company"), one of the nation's largest health savings account ("HSA") custodians, today announced HSA Member and custodial assets as of its fiscal year ended January 31, 2018. The total number of HSAs for which it serves as a non-bank custodian ("HSA Members") as of January 31, 2018 was 3.4 million, an increase of 24%, from 2.7 million as of January 31, 2017. Total custodial assets held by HSA Members as of January 31, 2018 was $6.8 billion, an increase of 35% from $5.0 billion a year earlier. Jon Kessler, President and CEO of HealthEquity, commented, “HealthEquity had another record breaking sales year, adding more than $1.7 billion in custodial assets and 723,000 HSA Members to its proprietary platform. HSAs grew 24% year-over-year to end this fiscal year with more than 3.4 million members. Custodial assets grew an even more impressive 35% to $6.8 billion at fiscal year-end. O [Read more]

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