secwatch.observer — SEC 8-K summary
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Issuer:     WEX Inc. (WEX)
CIK:        0001309108
Form:       8-K
Filed at:   2022-02-10T23:59:59+00:00
Accession:  0001157523-22-000171
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WEX reports Q4 revenue $497.5M (+25% YoY), adjusted EPS $2.58 (+78%); guides FY22 revenue $2.05-$2.09B
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- GAAP net loss narrowed to $11.8M ($0.26 loss per share) from $234.2M loss a year ago.
- Adjusted net income $116.8M, $2.58 per diluted share, up 78% YoY.
- Full-year 2021 revenue of $1.85B, a record high, exceeding 2019 pre-pandemic levels by $125M.
- Q1 2022 guidance: revenue $495-$505M, adjusted EPS $2.55-$2.65; FY22 revenue $2.05-$2.09B, adjusted EPS $11.20-$11.60.
- Total purchase volume across all segments up 79% YoY to $25B; Travel & Corporate Solutions purchase volume up 120% to $10.9B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309108/000115752322000171/0001157523-22-000171-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309108/000115752322000171/a52576828.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000171

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