SEC Form 10-Q filed by WEX Inc.

WEX (NYSE:WEX) reported quarterly earnings of $3.91 per share which beat the analyst consensus estimate of $3.80 by 2.89 percent. This is a 7.71 percent increase over earnings of $3.63 per share from the same period last year. The company reported quarterly sales of $673.500 million which missed the analyst consensus estimate of $679.819 million by 0.93 percent. This is a 8.40 percent increase over sales of $621.300 million the same period last year.

4 - WEX Inc. (0001309108) (Issuer)

Q3 revenue increased 2% year-over-year to a third quarter record $665 million, driven by 9% growth in the Benefits segment and continued progression in Mobility segment growth rate Q3 GAAP net income was $2.52 per diluted share; Q3 adjusted net income was $4.35 per diluted share Q3 GAAP operating income margin of 29.5% and adjusted operating income margin of 44.0% $370 million spent on share repurchases in Q3, including a $300 million accelerated share repurchase agreement WEX (NYSE:WEX), the global commerce platform that simplifies the business of running a business, today reported financial results for the three months ended September 30, 2024. "We continued to deliver growth and str

WEX Inc. (NYSE:WEX), the global commerce platform that simplifies the business of running a business, today announced it will report third quarter 2024 financial results before the market opens on Thursday, October 24, 2024. From WEX, Melissa Smith, Chair and Chief Executive Officer, and Jagtar Narula, Chief Financial Officer, will host a conference call that morning at 10:00 AM ET to discuss the Company's results. The conference call will be webcast live online and may be accessed through the investor relations section of the WEX website, www.wexinc.com. The live conference call may also be accessed by dialing +1 888-596-4144 or +1 646-968-2525. The passcode number is 2902800. A replay o

Q2 revenue increased 8% year-over-year to a second quarter record $673 million, driven by 13% growth in the Benefits segment and acceleration in Mobility segment growth rate Q2 GAAP net income was $1.83 per diluted share; Q2 adjusted net income was $3.91 per diluted share Q2 GAAP operating income margin of 25.0% and adjusted operating income margin of 40.7% Share repurchases of approximately $100 million during Q2, an additional $70 million in July 2024, and expect to enter into a $300 million accelerated share repurchase agreement in the near future WEX (NYSE:WEX), the global commerce platform that simplifies the business of running a business, today reported financial results for

10-Q - WEX Inc. (0001309108) (Filer)

8-K - WEX Inc. (0001309108) (Filer)

8-K - WEX Inc. (0001309108) (Filer)

WEX (NYSE:WEX), the global commerce platform that simplifies the business of running a business, today announced that Sachin Dhawan has been appointed Chief Technology Officer (CTO). In this position, Mr. Dhawan will lead WEX's global Technology Organization, including product and platform technology, architecture, cybersecurity, infrastructure and cloud engineering, technical operations, enterprise applications and Corporate IT, and technology-risk management. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231212875342/en/(Photo: Business Wire) "Sachin is a career technologist with decades of global experience articulating and

Alegeus, the market leader in healthcare payment solutions, today announced the appointment of Melanie Hallenbeck as chief growth officer. With more than two decades of channel experience in the employee benefits and consumer-directed healthcare space, Hallenbeck most recently served as chief growth officer at Elevate, a fast-growing developer of employee benefits technology. Prior to Elevate, she served as chief growth and marketing officer at benefitexpress, which was acquired by Wex (NASDAQ:WEX), a leading global benefits company. Previously, she was senior vice president at WageWorks, leading the organization's health plan partner channel business. Earlier in her career, she held seni

Veteran WEX officer to take on additional strategic duties WEX (NYSE:WEX), the global commerce platform that simplifies the business of running a business, today announced the appointment of Jay Dearborn as Chief Strategy Officer, effective immediately. In this newly created role, Dearborn will drive both strategy and operational planning across the organization. He will also be responsible for end-to-end M&A activities, including deal origination, execution, and integration, as well as government affairs and external communications. "As we outlined at our Investor Day in March, WEX has a strong history of evolution, and today's announcement represents our commitment to further streamlini

SC 13G/A - WEX Inc. (0001309108) (Subject)

SC 13G - WEX Inc. (0001309108) (Subject)

SC 13G/A - WEX Inc. (0001309108) (Subject)

Wolfe Research downgraded WEX from Outperform to Peer Perform

Wells Fargo initiated coverage of WEX with a rating of Equal Weight and set a new price target of $200.00

UBS resumed coverage of WEX with a rating of Neutral and set a new price target of $210.00