Wex, Inc. (WEX) Tops Q4 EPS by 10c; Guides Q1 Below Expectations

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Go back to Wex, Inc. (WEX) Tops Q4 EPS by 10c; Guides Q1 Below Expectations

WEX Inc. Reports Fourth Quarter and Full Year 2015 Financial Results

February 8, 2016 6:55 AM EST

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

Fourth Quarter and Full Year 2015 Financial Results

Total revenue for the fourth quarter of 2015 increased slightly year-over-year at $212.6 million as compared with $211.9 million for the fourth quarter of 2014. Net earnings attributable to common shareholders on a GAAP basis were $20.9 million, or $0.54 per diluted share, compared with $47.9 million, or $1.23 per diluted share, for the fourth quarter of 2014.

On a non-GAAP basis, the Company's... More