secwatch.observer — SEC 8-K summary
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Issuer:     WEX Inc. (WEX)
CIK:        0001309108
Form:       8-K
Filed at:   2021-10-28T23:59:59+00:00
Accession:  0001157523-21-001267
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WEX Q3 revenue up 26% to $482.8M, adj EPS $2.45 (+54% YoY); guides Q4 above expectations
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- Revenue $482.8M (+26% YoY); GAAP net income $48.3M ($1.07/sh) vs loss $65.8M (-$1.49/sh) a year ago.
- Adjusted net income $111.1M ($2.45/sh) vs $70.9M ($1.59/sh) YoY, up 54% per share.
- Total purchase volume hit all-time high of $26B, up 93% YoY; Travel & Corporate Solutions volume +172%.
- Q4 guidance: revenue $468M-$483M, adj net income $102M-$111M ($2.25-$2.45/sh); full year adj EPS $8.81-$9.01.
- Robert Deshaies appointed COO Americas; Scott Phillips, President Global Fleet, to leave Apr 1, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309108/000115752321001267/0001157523-21-001267-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309108/000115752321001267/a52517031.htm
  HTML page:      https://secwatch.observer/filing/0001157523-21-001267

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