What's Behind HealthEquity's Disappointing Q1 Results

HealthEquity (NASDAQ: HQY) topped Wall Street estimates when it reported its fiscal 2020 fourth-quarter results in March. But I noted at the time that those results didn't matter much because the COVID-19 pandemic made the company's future prospects uncertain.

The health savings account (HSA) administrator announced its fiscal 2021 first-quarter results after the market closed on Tuesday. This time around, the results did matter. 

Image source: Getty Images.

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Source Fool.com