WEX Inc. Files 8-K on Financial Results and Condition
Ticker: WEX · Form: 8-K · Filed: Feb 8, 2024 · CIK: 1309108
| Field | Detail |
|---|---|
| Company | Wex Inc. (WEX) |
| Form Type | 8-K |
| Filed Date | Feb 8, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K, corporate-update
TL;DR
**WEX just dropped an 8-K on financial results, get ready for potential stock movement.**
AI Summary
WEX Inc. filed an 8-K on February 8, 2024, to report its financial results and condition, specifically under Item 2.02, "Results of Operations and Financial Condition," and Item 9.01, "Financial Statements and Exhibits." This filing indicates that WEX is providing an update on its financial performance, which is crucial for investors to assess the company's health and future prospects. For shareholders, this matters because it provides timely information that could influence the stock price and their investment decisions.
Why It Matters
This filing provides investors with the latest financial performance data for WEX Inc., enabling them to make informed decisions about buying, holding, or selling the stock.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results, which is standard for public companies and does not inherently introduce new risks.
Analyst Insight
A smart investor would review the full financial statements and exhibits once they become available to understand the specifics of WEX Inc.'s performance and assess any implications for their investment.
Key Players & Entities
- WEX Inc. (company) — the registrant filing the 8-K
- February 8, 2024 (date) — date of earliest event reported and filing date
- 001-32426 (other) — Commission File Number for WEX Inc.
- Delaware (other) — State of incorporation for WEX Inc.
- 1 Hancock Street, Portland, Maine 04101 (other) — Address of principal executive offices for WEX Inc.
- (207) 773-8171 (other) — Registrant's telephone number
- Common Stock, $0.01 par value (other) — Title of class of securities registered
- WEX (other) — Trading Symbol on the New York Stock Exchange
- New York Stock Exchange (other) — Exchange on which WEX Common Stock is registered
FAQ
What is the primary purpose of this 8-K filing by WEX Inc.?
The primary purpose of this 8-K filing by WEX Inc. is to report on "Results of Operations and Financial Condition" under Item 2.02 and to include "Financial Statements and Exhibits" under Item 9.01, as indicated by the ITEM INFORMATION section of the filing.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 8, 2024, as stated in the "Date of Report (Date of earliest event reported)" section.
What is WEX Inc.'s trading symbol and on which exchange is its common stock registered?
WEX Inc.'s common stock trades under the symbol WEX and is registered on the New York Stock Exchange, as detailed under "Securities registered pursuant to Section 12(b) of the Act."
What is the state of incorporation for WEX Inc.?
WEX Inc. is incorporated in Delaware, as specified in the filing under "State or other jurisdiction of incorporation."
Is WEX Inc. considered an emerging growth company according to this filing?
No, WEX Inc. is not considered an emerging growth company, as indicated by the unchecked box next to "Emerging growth company" in the filing.
Filing Stats: 495 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-02-08 06:35:15
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value WEX New York Stock Exchan
Filing Documents
- a53893222.htm (8-K) — 29KB
- a53893222_ex991.htm (EX-99.1) — 955KB
- logo.jpg (GRAPHIC) — 7KB
- 0001157523-24-000192.txt ( ) — 1185KB
- wex-20240208.xsd (EX-101.SCH) — 4KB
- wex-20240208_lab.xml (EX-101.LAB) — 22KB
- wex-20240208_pre.xml (EX-101.PRE) — 16KB
- a53893222_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 8, 2024, WEX Inc. (the "Company") issued a news release announcing its fourth-quarter and full year 2023 results and posted supplemental earnings materials to the investor section of the Company's website at www.wexinc.com. A copy of the release is attached as Exhibit 99.1 and is incorporated by reference herein in its entirety. The information in this item, including Exhibit 99.1, is being furnished, not filed. Accordingly, the information in this item will not be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified as being incorporated into it by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (c) See attached Exhibit Index. EXHIBIT INDEX Exhibit No. Description 99.1 Press release of WEX Inc. dated February 8, 2024 with respect to Earnings 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934 the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WEX INC. Date: February 8, 2024 By: /s/ Jagtar Narula Jagtar Narula Chief Financial Officer