WEX Q3 Revenue Rises 12.8% to $780.1M; Adjusted EPS $6.13
WEX reported Q3 adjusted net income of $211.9 million, or $6.13 per share, up 33.6% per share. GAAP net income was $134.1 million, or $3.88 per share. Operating margin was 30.6%; adjusted operating margin was 42.6%.
WEX Inc. posted Q3 revenue of $780.1M, up 12.8%, and adjusted net income of $211.9M ($6.13/share), up 33.6% per share. GAAP net income was $134.1M ($3.88/share). Operating margin rose to 30.6%; adjusted operating margin to 42.6%.Material DetailsContext by AI AnalystThis is a mid-cycle confirmation…