WEX Inc. common stock (WEX) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the WEX second quarter 2025 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star, then the number one on your telephone keypad. To withdraw your question, press star one again. Melissa Smith, We kindly ask that you please limit your questions to one and one follow up. I would now like to turn the conference over to Steve Elder, SVP of investor relations, please go ahead. Steve Elder, SVP of investor relations, please go ahead. Steve Elder, SVP of investor relations, please go ahead. Steve Elder, SVP of investor relations, please go ahead. Steve Elder, SVP of investor relations, please go ahead. Steve Elder, SVP of investor relations, please go ahead. and a slide deck to walk through prepared remarks have been posted to the investor relations section of the website at wexinc.com. A copy of the press release and supplemental materials have been included in an 8-K filed with the SEC yesterday afternoon. As a reminder, we will be discussing non-GAAP metrics, specifically adjusted net income, which we sometimes refer to as ANI, adjusted net income per diluted share, adjusted operating income and related margin, as well as adjusted free cash flow during our call. Please see exhibit one of the press release for an explanation and reconciliation of these non-GAAP measures. The company provides revenue guidance on a GAAP basis and earnings guidance on a non-GAAP basis due to the uncertainty and the indeterminate amount of certain elements tha...