HealthEquity issued a press release on March 18, 2025, announcing its financial results for its fourth quarter and fiscal year ended January 31, 2025. Among other items, HealthEquity reported fourth-quarter earnings per share that missed analyst expectations, while providing weak guidance for its fiscal year ending January 31, 2025. On a related earnings call, HealthEquity's officers said that the Company had incurred "excess service expense" as a result of "increased cyber threats and fraud attacks from bad actors using sophisticated technology, techniques and methods."
Following this news, HealthEquity's stock price fell over 17% on March 19, 2025.
To receive more information, please fill out the form.
