| (USD) | Mar 2024 | Q/Q |
|---|---|---|
| Revenue | 469.4MM | -2% |
| Gross Profit | 202.2MM | - |
| Cost Of Revenue | 267.2MM | +4% |
| Operating Income | 164.5MM | +4% |
| Operating Expenses | 37.7MM | - |
| Net Income | 65.8MM | -22% |
| G&A | 88.5MM | -24% |
| Marketing | 85.3MM | -1% |
| Amortization | 47.2MM | +2% |
| Interest Expense | - | - |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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PORTLAND, Maine, May 02, 2024--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that it will present at the following upcoming investor conferences:
WEX's first-quarter 2024 top line increases y/y due to increased revenues from the Corporate Payments and Benefits segments.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
WEX Inc. (NYSE:WEX) Q1 2024 Earnings Call Transcript April 25, 2024 WEX Inc. misses on earnings expectations. Reported EPS is $3.46 EPS, expectations were $3.47. WEX Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: [Call starts abruptly] to the […]
WEX Inc. ( NYSE:WEX ) shareholders are probably feeling a little disappointed, since its shares fell 6.0% to US$217 in...
WEX ( NYSE:WEX ) First Quarter 2024 Results Key Financial Results Revenue: US$652.7m (up 6.7% from 1Q 2023). Net...
Q1 2024 WEX Inc Earnings Call
Comprehensive Analysis of WEX Inc.'s First Quarter Financial Performance
PORTLAND, Maine, April 25, 2024--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today reported financial results for the three months ended March 31, 2024.
PORTLAND, Maine, April 25, 2024--WEX (NYSE:WEX), the global commerce platform that simplifies the business of running a business, today announced that it has reached a new long-term agreement with Booking.com, effective April 2024. This agreement distinguishes WEX as Booking.com’s preferred virtual card provider as it continues providing WEX payment solutions in support of Booking.com’s payments vision to make buying and selling travel-related products and services easier for everyone.