Wex Inc. (NYSE: WEX) on Thursday reported third-quarter revenue of $382.1 million, down 17% from $460 million in Q3 2019, and adjusted earnings per share (EPA) of $1.59.
The quarterly results fell short of Wall Street expectations, with most analysts predicting earnings of $1.71 to $1.73 per share and revenue of $395 million.
“As expected, the pandemic continues to impact business activity within our customer base,” Wex CEO Melissa Smith said during the company’s quarterly earnings call....
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