MARKET COMPOSITE
WEX - WEX Inc5:23:56 PM 4/25/2024
Price
$215.95
-17.36 (-7.44%)
WEX Inc. is a provider of payment processing and information management services to the United States commercial and government vehicle fleet industry. The company provides services in the United States, Canada, South America, Europe, Asia, and Australia. Starting as a fleet card provider in 1983 as Wright Express Corporation, WEX Inc. expanded to facilitate corporate payments across the fleet, travel and healthcare industries. Its name was changed to WEX Inc. in October 2012.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue480.6MM+2%
Gross Profit224.7MM-
Cost Of Revenue255.9MM+9%
Operating Income158.5MM-9%
Operating Expenses66.2MM-
Net Income84.9MM-
G&A116.3MM-0%
Marketing86.2MM+4%
Amortization46.4MM+10%
Interest Expense--
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    Wex (WEX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

    WEX's first-quarter 2023 revenues are expected to benefit from segmental strength.

    Wex (WEX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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    PORTLAND, Maine, April 16, 2024--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced the general availability of WEX EV At-Home in the United States, an innovative, cutting edge solution that automates reporting and reimbursement for any organization with electric vehicles (EVs) that employees bring to their personal residence to charge overnight, the most cost effective way to charge. When coupled with WEX’s other commercial fleet in

    WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, has filed a federal lawsuit against HP Inc. and Hewlett-Packard Development Company, L.P. for infringing its trademarks.

    Software company Wex Inc sued HP Inc for trademark infringement in Maine federal court on Thursday, accusing it of misusing the "Wex" name to brand competing HP software. Wex, which specializes in payment-processing and information-management applications, said that HP's recently announced "HP Wex" workforce-management platform will confuse customers. Confusion is likely given "the similarities between the software, fleet and data management, and employee solutions offered by Wex on the one ha...

    PORTLAND, Maine, April 10, 2024--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced it will report first quarter 2024 financial results before the market opens on Thursday, April 25, 2024. From WEX, Melissa Smith, Chair, Chief Executive Officer, and President, and Jagtar Narula, Chief Financial Officer, will host a conference call that morning at 10:00 AM ET to discuss the Company's results.

    PORTLAND, Maine, April 03, 2024--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, will welcome tennis champion Venus Williams, one of the most inspiring figures in the history of sports and an accomplished businessperson at WEX SPARK 2024, taking place in Orlando on April 8-10. The annual learning and networking event will include keynote remarks from WEX executives such as CEO Melissa Smith, feature Smith in conversation with Williams, and o