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WEX Earns Record Quarterly Revenue While Deploying AI Across Products

By PYMNTS

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AI summary of the source article

Intelligent payment solutions provider WEX reported a 12.8% year-over-year revenue increase to $780.1 million in the third quarter. The company attributed its growth to new business wins and innovation across its business segments.

Key facts

  • WEX's third-quarter revenue increased 12.8% year over year to $780.1 million.
  • CEO and President Melissa Smith cited new business wins and innovation across segments as growth drivers.
  • WEX operates as an intelligent payment solutions provider.

Source excerpt · PYMNTS

Intelligent payment solutions provider WEX saw growth across its business in the third quarter as it secured new business wins and drove innovation across its segments, CEO and President Melissa Smith said in a Wednesday (Oct. 2)8 press release. WEX’s revenue increased 12.8% year over year to reach $780.1 million in the third quarter, according to the release. […] The post WEX Earns Record Quarter…