WEX(WEX) - 2024 Q1 - Quarterly Results

Exhibit 99.1 WEX Inc. Reports First Quarter 2024 Financial Results Q1 revenue increased 7% year-over-year to a first quarter record $653 million, driven by 16% growth in the Benefits segment and 17% in the Corporate Payments segment Q1 GAAP net income was$ 1.55 per diluted share; Q1 adjusted net income was $3.46 per diluted share Q1 GAAP operating income margin of 25.2% and adjusted operating income margin of 38.5% Raises full-year 2024 financial guidance PORTLAND, Maine - April 25, 2024 - WEX (NYSE: WEX), ...