Detail akcie WEX Inc, Ordinary, New York Consolidated online

Business Summary: WEX Inc. provides a global commerce platform, which simplifies the business of running a business. The Company has three segments: Mobility, Benefits and Corporate Payments. Its Mobility segment provides payment solutions, transaction processing, and information management services to a diverse customer base globally. Its Benefits segment simplifies employee benefit plan administration through Software as a service (SaaS) software integrated with payment solutions, delivering diverse product offerings including Benefit Administration, HSAs, FSAs, HRAs, COBRA and Direct Billing and compliance administration. Its Corporate Payments segment delivers global B2B payment solutions, including its Direct to Corporate solution that integrates with ERPs and accounting workflows to maximize virtual payment usage, and its Embedded Payments solution that integrates virtual payment capabilities into existing workflows for a range of industries, including online travel.
Financial Summary: BRIEF: For the three months ended 31 March 2025, WEX Inc revenues decreased 2% to $636.6M. Net income increased 9% to $71.5M. Revenues reflect Benefits segment decrease of 16% to $103.4M, Mobility segment decrease of 2% to $333.8M. Net income reflects Benefits segment income increase of 9% to $86.9M, Mobility segment income increase of less than 1% to $131.4M. Basic Earnings per Share excluding Extraordinary Items increased from $1.57 to $1.84.