Wex, Inc. (WEX) Tops Q1 EPS by 3c, Offers Q2 and FY Guidance
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WEX Inc. Reports First Quarter 2019 Financial Results
May 2, 2019 6:30 AM EDTFull conversion of large North American oil portfolios progressing
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 March31, 2019.
First Quarter 2019 Financial Results
Total revenue for the first quarter of 2019 increased 8% to $381.9 million from $354.0 million for the first quarter of 2018. The $27.8 million revenue increase in the quarter includes a $4.5 million negative impact as a result of lower fuel prices.
Net income attributable to shareholders on a GAAP basis decreased by $35.8 million to... More
