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Wright Express (WEX) Q1 2021 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble. Wright Express (NYSE: WEX) Good day, and thank you for standing by. Welcome to the WEX Q1 2021 earnings conference Call. [Operator instructions] Please be advised that today's conference is being recorded. [Operator instructions] I would now like to turn the conference over to your speaker today, Steve Elder, vice president of investor relations. Please go ahead. Vice President of Investor Relations Thank you, operator, and good morning, ...

Wex reports drop in first quarter revenue and earnings per share Fleet solutions revenue declined 2.4% to $243.8 million for the quarter 2 minutes read Portland, Maine-based Wex is a multichannel provider of corporate payment solutions, including fuel payment processing for commercial fleet vehicles. (Photo: Wex) WEX Inc. (NYSE: WEX) reported a 5% year-over-year decline in revenue to $410.8 million during the company’s first-quarter earnings call Thursday. The company also posted earnings of $1.79 per share, a 1.1% decline compared to earnings of $1.81 per share a year ago.  The ...

Portland-based financial technology service provider WEX Inc. (NYSE: WEX) on Thursday posted decreases in first-quarter revenue and earnings amid declines in fuel transactions processed and its Travel and Corporate Solutions purchase volume. First-quarter revenue decreased 5% to $410.8 million from $431.7 million a year earlier. The decrease includes a $1 million unfavorable impact from fuel prices and spreads and a $3.9 million positive impact from foreign exchange rates, the company said. Diluted earnings per share were $1.79 in the first quarter, down 1% from $1.81 per share a year ago b...

WEX earnings call for the period ending December 31, 2020.

Wex, one of Maine's largest tech firms, reported a drop in revenue and profits for the year, which it attributed largely to the coronavirus pandemic.