WEX News and Press, WEX Inc. From 10/27/22

WEX press release ( NYSE: WEX ): Q3 Non-GAAP EPS of $3.51 beats by $0.09 . Revenue of $616.1M (+27.6% Y/Y) beats by $28.24M . 3Q GAAP operating income margin of 3.5% and adjusted operating income margin of 39.1%. Total volume increased 41% year-over-year to...

WEX ( NYSE: WEX ) has announced a boost to its current share repurchase program. The program, first announced in August, initially authorized the company to repurchase up to $150M of common stock over a four year period through August 23, 2026. This amendment increases...

3Q revenue increased 28% year-over-year to a record $616 million 3Q GAAP net loss was $1.00 per diluted share; 3Q adjusted net income increased 43% year-over-year to $3.51 per diluted share 3Q GAAP operating income margin of 3.5% and adjusted operating income margin of...

Amended Program Authorizes Repurchase of up to $650 Million Worth of Company Stock WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, announced that its board of directors has authorized an amended share repurchase progr...

WEX ( NYSE: WEX ) is scheduled to announce Q3 earnings results on Thursday, October 27th, before market open. The consensus EPS Estimate is $3.42 (+39.6% Y/Y) and the consensus Revenue Estimate is $587.86M (+21.8% Y/Y). Over the last 2 years, WEX has beaten EPS estim...

Wex Inc. ( NYSE: WEX ) rose 2% after investor Impactive Capital pitched the stock at an investor conference. Impactive Capital head Lauren Taylor Wolfe pitched Wex ( WEX ) as a long idea earlier at the 13D Monitor Active-Passive Summit in New York City. Investo...

WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced it will report third quarter 2022 financial results before the market opens on Thursday, October 27, 2022. From WEX, Melissa Smith, Chair and Chief Executive Office...

WEX is partnering with Her First $100K founder Tori Dunlap and DisruptHR’s Jennifer McClure to discuss how to better support employees with an HSA and other benefits. In celebration of national Health Saving Account (HSA) Awareness Day on October 15, WEX (NYSE: WEX), ...

Summary The market continued its plunge after Friday’s Jobs Report unveiled that payrolls grew by 263,000 and unemployment fell to 3.5%. Despite market declines in 2022, fund flows into leveraged ETFs could be a leading indicator of a future rally in the Nasdaq and technolo...

The market was barely up this week as of 3:15 p.m. ET on Friday, despite getting thrashed on the week's final day. However, financial-technology (fintech) company Wex (NYSE: WEX) had fared far better, up around 13%, compared to the market's 1% gain. And that has everything to do wit...