secwatch.observer — SEC 8-K summary
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Issuer:     WEX Inc. (WEX)
CIK:        0001309108
Form:       8-K
Filed at:   2025-02-05T23:59:59+00:00
Accession:  0001309108-25-000012
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WEX Q4 revenue down 4% YoY to $637M; full year adj EPS up 3% to $15.28
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- Q4 GAAP EPS $1.60 vs $1.98 YoY; adjusted EPS $3.57 vs $3.82; revenue $636.5M (-4% YoY).
- Full year 2024 revenue $2.63B (+3%); adjusted net income per diluted share $15.28 (+3%).
- Q4 total volume down 6% to $53B; Corporate Payments purchase volume fell 27% to $16.5B.
- Q4 share repurchases 773k shares for $106M; full year 3.3M shares for $650M.
- Q1 2025 guidance: revenue $625-640M; adj net income $3.35-3.50 per share. FY2025: rev $2.60-2.66B, adj EPS $14.65-15.25.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309108/000130910825000012/0001309108-25-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309108/000130910825000012/wex-20250205.htm
  HTML page:      https://secwatch.observer/filing/0001309108-25-000012

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