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WEX Inc. Reports Third Quarter 2015 Financial Results

October 28, 2015 6:55 AM EDT

Ongoing Execution Against Strategic Priorities Despite Macroeconomic Headwinds

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 September 30, 2015.

Third Quarter 2015 Financial Results

Total revenue for the third quarter of 2015 increased 2% to $226.1 million from $222.1 million for the third quarter of 2014. Net earnings attributable to shareholders on a GAAP basis was $32.2 million, or $0.83 per diluted share, compared with $74.4 million, or $1.91 per diluted share, for the third quarter last year. Earnings per... More