WEX Inc.

WEX posts 3Q earnings decrease, raises full-year guidance

WEX is Maine's second-largest publicly traded company, after IDEXX Laboratories Inc.

WEX beats the Street on Q2 results, raises full-year outlook

Over the last four quarters, the company has surpassed consensus earnings per share estimates three times.

Displaced workers in six Maine counties can receive job training through $2M federal grant

Nearly 1,200 workers in the state’s coastal communities were laid off in 2024, largely in the retail, food service and manufacturing sectors.

Hedge fund threatens proxy fight at WEX, alleging ‘pattern of underperformance’

Impactive Capital LP, a New York-based hedge fund and 7% shareholder in WEX, aims to replace three WEX board members and nominate four of its own unless WEX changes course before next year's annual meeting.
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New live-music venue proposed for Portland’s Old Port

Developers proposing a year-round, live-music venue expect to fill a hole as a mid-size platform for local and regional artists and serve as a feeder to the area’s larger showcases.

WEX posts better-than-expected Q1 results, tweaks full-year guidance

The revenue decrease includes an $8.5 million unfavorable impact from fuel prices and spreads and a $2.5 million unfavorable impact from foreign exchange rates, the Portland-based financial services technology provider said.

With fuel discount app, WEX to keep on truckin’ with Circle K

Drivers can now use WEX's 10-4 fuel-discount app at eight Maine Circle K locations and others nationwide under a multi-year contract renewal.

A roundup of energy and environmental news from around Maine

A UNE graduate program on climate change is among the new developments on the energy and environment front.
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Yarmouth startup wants to streamline EV charging process for fleet drivers

Former execs from WEX and IDEXX are teaming up on a Yarmouth startup, SBD Technologies.

WEX says fuel prices, exchange rates crimped Q4 results

The Portland-based financial technology services provider also issued initial 2025 financial guidance.
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