Wex, Inc. (WEX) Misses Q2 EPS by 18c, Revenues Miss

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Go back to Wex, Inc. (WEX) Misses Q2 EPS by 18c, Revenues Miss

WEX Inc. Reports Second Quarter 2020 Financial Results

July 30, 2020 6:30 AM EDT

PORTLAND, Maine--(BUSINESS WIRE)-- WEX Inc. (NYSE: WEX), a leading financial technology service provider, today reported financial results for the three months ended June 30, 2020.

Our second quarter results reflect the impact of the COVID-19 pandemic and underscore the resilience of our business, where we saw a few bright spots even in this challenged environment. We experienced recovery in spend volume trends throughout the quarter across each of our segments. Additionally, our U.S. Health business remains strong with year-over-year top-line growth, driven by an increase in the number of SaaS accounts... More