Wex, Inc. (WEX) Tops Q4 EPS by 3c; Guides Relatively In-Line

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Go back to Wex, Inc. (WEX) Tops Q4 EPS by 3c; Guides Relatively In-Line

WEX Inc. Reports Fourth Quarter and Full Year 2016 Financial Results

February 13, 2017 6:45 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, 2016.

Fourth Quarter and Full Year 2016 Financial Results

Total revenue for the fourth quarter of 2016 increased 37% year-over-year at $290.8 million as compared with $212.6 million for the fourth quarter of 2015. Net earnings attributable to shareholders on a GAAP basis were $5.3 million, or $0.12 per diluted share, compared with $20.9 million, or $0.54 per diluted share, for the fourth quarter of 2015.

The Company's adjusted net income attributable to... More