WEX Inc. Files 8-K on Financial Results and Condition

Ticker: WEX · Form: 8-K · Filed: 2024-02-08T00:00:00.000Z

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

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.

From the Filing

0001157523-24-000192.txt : 20240208 0001157523-24-000192.hdr.sgml : 20240208 20240208063515 ACCESSION NUMBER: 0001157523-24-000192 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240208 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240208 DATE AS OF CHANGE: 20240208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WEX Inc. CENTRAL INDEX KEY: 0001309108 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 010526993 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32426 FILM NUMBER: 24606779 BUSINESS ADDRESS: STREET 1: 1 HANCOCK STREET CITY: PORTLAND STATE: ME ZIP: 04101 BUSINESS PHONE: (207) 773-8171 MAIL ADDRESS: STREET 1: 1 HANCOCK STREET CITY: PORTLAND STATE: ME ZIP: 04101 FORMER COMPANY: FORMER CONFORMED NAME: Wright Express CORP DATE OF NAME CHANGE: 20041118 8-K 1 a53893222.htm WEX INC. 8-K false 0001309108 0001309108 2024-02-08 2024-02-08 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported) February 8, 2024 WEX Inc. (Exact name of registrant as specified in its charter) Delaware   001-32426   01-0526993 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)           1 Hancock Street , Portland , Maine 04101 Address of principal executive offices Zip Code Registrant's telephone number, including area code ( 207 ) 773-8171   (Former name or former address if changes since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 par value WEX New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐ 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 inc

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