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Inside WEX

WEX Sees Double Digit Gains in Payment Processing Revenues

August 2, 2018

WEX posted results Thursday that showed traction in its core fleet and travel-related business, amid gains in payment processing activity.

Revenues were just under $371 million, which were 22 percent higher than last year’s second quarter, and of that increase, $16.6 million came from higher fuel prices — but beyond that, gains in the travel and fleet divisions drove results.

https://www.pymnts.com/earnings/2018/wex-corporate-payments-stocks/

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