secwatch.observer — SEC 8-K summary
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Issuer:     WEX Inc. (WEX)
CIK:        0001309108
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001157523-23-001166
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WEX Q2 revenue up 4% to record $621M; raises full-year guidance
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- GAAP EPS $2.20 vs $0.76 YoY; adjusted EPS $3.63 vs $3.71, down 2%.
- Mobility payment transactions down 1%; Benefits SaaS accounts up 11%; Corporate Payments volume up 34%.
- Full-year 2023 revenue guidance raised to $2.50-2.52B; adjusted EPS raised to $14.15-14.35.
- Q3 2023 revenue expected $629-639M; adjusted EPS $3.65-3.75.
- Cash flow from operations $99.5M YTD; adjusted free cash flow $130.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309108/000115752323001166/0001157523-23-001166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309108/000115752323001166/a53480970.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-001166

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