India, June 3 -- HEALTHEQUITY INC (HQY) reported a profit for its first quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $53.92 million, or $0.61 per share. This compares with $28.81 million, or $0.33 per share, last year.
Excluding items, HEALTHEQUITY INC reported adjusted earnings of $85.81 million or $0.97 per share for the period.
Analysts on average had expected the company to earn $0.81 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 15.0% to $330.844 million from $287.597 million last year.
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HEALTHEQUITY INC earnings at...