plus the $4.5M additional SCSS business is great although I'd like to see more evidence of success in achieving customer diversity.
I haven't had a chance yet to listen to the conference call and maybe there was something negative mentioned there. I'm not concerned that the stock price hasn't responded favorably. I think WEX is so small that it is flying below almost everyone's radar screen. I'll continue to be a happy investor as long as revenue keeps growing and management continues its streak of positive earnings while keeping an eye on long-term competitiveness. Eventually we will be rewarded.
I still haven't heard the conf. call but the announcement said "The $4.5 million increase is expected to be consumed within the next eight months. " so I don't see how more than a portion of the $4.5M could ave been booked in the 1st quarter. Besides it was announce on April 20th. I wouldn't think any of it would have been in the 1st quarter.
I'll try and call investor relations if time permits... once I listen to the call, in case it was discussed there.