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 earnings per share and revenue results modestly beat Wall Street expectations, which had predicted earnings of $1.60 per share and revenue of $410.6 million.
Melissa Smith, Wex’s chair and CEO, said the past year was “full of...
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