WEX Inc (NYSE:WEX)

$ 206.17 -0.5 (-0.24%) Market Cap: 8.64 Bil Enterprise Value: 8.77 Bil PE Ratio: 33.52 PB Ratio: 4.86 GF Score: 89/100

Q2 2020 WEX Inc Earnings Call Transcript

Jul 30, 2020 / 02:00PM GMT

Release Date Price: $160.03 (-6.01%)

Transcript 10-Q8-K

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the WEX 2002 -- excuse me, Second Quarter 2020 Earnings Conference Call. (Operator Instructions) Mr. Elder, please go ahead.

Steven Alan Elder

WEX Inc. - SVP of Global IR

Thank you, operator. Good morning, everyone. With me today is Melissa Smith, our CEO; and our CFO, Roberto Simon. The press release we issued earlier this morning and a slide deck to walk through our prepared remarks have been posted to the Investor Relations section of our website at wexinc.com. A copy of the release and the slide deck have also been included in 8-Ks we submitted to the SEC.

As a reminder, we will be discussing non-GAAP metrics, specifically adjusted net income attributable to shareholders, which we refer to as adjusted net income or ANI during our call. Adjustments for this year's second quarter to arrive at these metrics include unrealized losses on financial instruments, net foreign currency remeasurement losses, acquisition-related intangible amortization, other acquisition-related items, stock

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