secwatch.observer — SEC 8-K summary
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Issuer:     WEX Inc. (WEX)
CIK:        0001309108
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0001157523-22-000490
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WEX Q1 2022 revenue $517.5M (+26% YoY), GAAP EPS $2.71, raises FY guidance
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- Revenue $517.5M (+26% YoY); GAAP EPS $2.71 vs $(0.06); adjusted EPS $2.88 vs $1.79 (+61%).
- Total purchase volume $44.8B (+50%); Travel segment purchase volume $11.8B (+93%).
- Health SaaS accounts 17.8M (+15%); Fleet vehicles serviced 17.2M (+9%).
- Raises FY 2022 revenue guidance to $2.155-2.195B (prior $2.05-2.09B); adjusted EPS to $12.40-12.80.
- Q2 2022 guidance: revenue $555-565M, adjusted EPS $3.35-3.45.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309108/000115752322000490/0001157523-22-000490-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309108/000115752322000490/a52699966.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000490

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer