Wex, Inc. (WEX) Tops Q1 EPS by 11c; Issues Light Q2 Outlook

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Go back to Wex, Inc. (WEX) Tops Q1 EPS by 11c; Issues Light Q2 Outlook

WEX Inc. Reports First Quarter 2015 Financial Results

April 29, 2015 7:30 AM EDT

Strong revenue and operating growth driven by solid execution across segments and progress against strategic initiatives

SOUTH PORTLAND, Maine--(BUSINESS WIRE)-- WEX Inc. (NYSE: WEX), a leading provider of corporate payment solutions, today reported financial results for the three months ended March 31, 2015.

First Quarter 2015 Financial Results

Total revenue for the first quarter of 2015 increased 11% to $202.3 million from $182.1 million for the first quarter of 2014. Net income to common shareholders on a GAAP basis was $22.3 million, or $0.57 per diluted share, compared with $36.5 million, or $0.93 per diluted share, for... More