04:18 PM EDT, 06/03/2024 (MT Newswires) -- HealthEquity ( HQY ) reported fiscal Q1 non-GAAP diluted earnings Monday of $0.80 per share, up from $0.50 a year earlier.

Analysts surveyed by Capital IQ expected $0.65.

Revenue for the quarter ended April 30 was $287.6 million, up from $244.4 million a year earlier. Analysts surveyed by Capital IQ expected $277.9 million.

For fiscal 2025, the company raised its guidance and expects non-GAAP EPS of $2.93 to $3.10 on revenue of $1.16 billion to $1.18 billion from an earlier outlook of $2.79 to $2.96 on revenue of $1.14 billion to $1.16 billion. Analysts expected $2.90 on revenue of $1.16 billion.

HealthEquity ( HQY ) shares rose about 7.7% in after-hours activity.

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