Higher One Holdings, Inc. provides technology-based refund disbursement, payment processing, and data analytics services to higher education institutions and their students in the United States. It provides Refund Management disbursement services, such as Refund Management ID, which offers debit cards with institutions ID cards; Campus Payroll to distribute payroll and other employee-related payments; and PLUS Loan Refund Management to distribute Parent PLUS loan refunds to parents on behalf of the institution. The company also offers CASHNet payment processing suite of products, such as ePayment to accept online payments; eBill to automate payer billing and processing functions; Tuition Pay...
115 Munson Street
New Haven, CT 06511
Founded in 2000
Higher One Holdings, Inc.(NYSE:ONE) dropped from Russell 2000 Index
Jun 29 15
Higher One Holdings, Inc. will be removed from Russell 2000 Index
Higher One Holdings, Inc.(NYSE:ONE) dropped from Russell 3000 Index
Jun 29 15
Higher One Holdings, Inc. will be removed from Russell 3000 Index.
Higher One Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015
May 7 15
Higher One Holdings, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of $65,518,000 against $66,556,000 a year ago. Income from operations was $12,811,000 against $16,585,000 a year ago. Net income before income taxes was $11,528,000 against $15,859,000 a year ago. Net income was $6,860,000 or $0.14 per basic and diluted share against $9,710,000 or $0.20 per diluted share a year ago. Net cash provided by operating activities was $16,169,000 against net cash used in operating activities of $1,410,000 a year ago. Purchases of fixed assets were $629,000 against $1,157,000 a year ago. EBITDA was $18,058,000 against $21,118,000 a year ago. Non-GAAP adjusted EBITDA was $20.3 million compared to $22.7 million in the first quarter of 2014. Non-GAAP adjusted net income was $9.9 million compared to $12.2 million for the first quarter of 2014. Non-GAAP adjusted diluted EPS was $0.21 compared to $0.25 for the first quarter of 2014.