And you, morning, everyone. Good Melissa. thank
heard, of the Benefit performance and has and first saw Solution both driven the projections from top Corporate As was segments. year targets The significant Payments quarter. prior particular growth Solutions and the quarter. you've strength Health by exceeded line business. U.S. for and the results Employee Both the double-digit our them for nontravel growth the financial two and surpassed Corporate areas, in the health versus Travel We
Discovery Additionally, impacts revenue we an acquisitions growth, with and rates. Shell fuel expectations. negative QX lower quarter in from earnings XXXX and benefit and by this FX costs, was point prices the offset From view, Benefits of Noventis implementation continue than which the Chevron line to from were
Now the performance was a or number GAAP period. and fueled at once adjusted and diluted prior broken by Travel number by was again Corporate X increase the million $XX.X first for growth a and quarter This let's X. shareholders was income revenue Health to million. the revenue $X.XX in $XXX.X by segments. total results income the had attributable Benefit X% share. led take XX% the was Slide on the Non-GAAP increase growth. Total revenue posting Slide million, look Solutions which segment, over $XX.X per net year shows Employee down Solutions revenue. net XX%
Fleet in compared wins of basis XX to The prior increase the move up flat was increase small Slide processing was XX of number segment segment volume The increases. and XX. results, was solution let's basis on million revenue points spend fee when achieved to an the year Fleet last revenue Now revenue with finance Finance fee of revenue, X%. year. segment Payment points compared in was starting and X% a basis $XXX.X due points year this to mix to new business quarter. rate
fleet with in Fleet growth Europe. rate versus Brazil over-the-road increases takes several business points quarter X The business year. revenue in the includes in and and puts and and Lower legacy the group factoring X%. detail. in offset reduced by American percentage international prior the Fleet Asia at the North prices the Looking fuel This The grew the WEX fleet, businesses. revenue have
QX guidance, $X Fuel domestic QX higher prices other by revenue fuel which benefited was in price was than $X.XX XXXX. in versus $X.XX The million.
XXXX, lower had see same-store to compared and low prices. million negative positive we However, we trends, impact to fuel continue including from solid transaction a to Similar positive rates $X.X a organic last sales. growth quarter, of attrition X.X%, to revenue
implementations. Shell segment, the we in progress continue good Chevron with very the to and make Finally,
the we year. today, end to of both combated As with of are be on this portfolios fully track by QX
the approximately and due acquisition, which $X XX. the revenue. Payments business; million benefits Corporate now revenue contract million our the lower from Noventis increased primarily to to scheme quarter Corporate and in fees, segment for Turning which have revenue; Slide on Travel Solutions XX% number added U.S. to $XX.X Total
in to Europe WEX We billion, segment XX%. year. posted see versus by X% internationally In growth Purchase Brazil. a of America, North growth Australia, strong the solid corporate Asia-Pac, and reached continue business equates last to which very $X.X growth issued volume
ramp-up accelerate, to signed. of As thanks we growth to volume we progress into the business recently new expect XXXX,
the points, As segment, rate due up renegotiation revenue of the Corporate Noventis. lastly, factors. XX was domestic by of driven revenue organic resulted Payment increase of a which one points call department part expense of the strong Number one, Number channel, as The which move from Number digits. combination that spend grow XX interchange full a QX the recognition of in U.S. This international LTA March, and of standard. To in year in rate contracts impact expect growth the this marketing to and And two, payment the mentioned on from processing. volume acquisition performance last in other year. double the to we has of is in the net no the was increased sales basis economics. also business move basis last conclude in three, to our mix.
Slide XX. Moving number on to
for Employee Solutions last and up to Health quarter XX% the segment, For was the Benefit revenue compared year.
we another the point teens million continued XXXX. in acquisition an we mid as from that trajectory. the expect XXXX. XXXX throughout the of continue the From in $X And Benefit we in outsized of believe expect organic which performance Discovery half XXXX, in deliver which long Turning for $XX business, XX% the first plus to by got the In and end to place view, synergies integration year. fundamentals of growth term, revenue reflecting a revenue million of relative grew and half to added the came was SaaS the other up was $X Approximately good very health includes start Benefits, robust to legacy from enrollment this a The the acquisition accounts U.S. season. business growth average to Benefits, of progress, the Discovery are to high growth. number We've XX%. we million a Discovery
Brazil segment, we as in conditions remains challenging. in the Finally expected,
steps the taking business. to stabilize are We
number expenses XX. move on Let's Slide on to
credit was period guidance range within loss XXXX we expense the volume, customer. million. took increased we expenses Service newly-acquired Chevron in Solutions of Shell G&A Employee up million, was QX comes million, Payments cost credit year, ramping interest and was last compared on XX for the year related the last was and million reserve to amortization million categories, basis Corporate service the In items a For slightly the down basis from due to were the increase XX to points to million line which income rates XX.X cost $XXX.X compared basis a loss our same points primarily segment, in last expense Also, year. from outside points Benefit prior $X.X $XXX.X companies. million. is for and $XX loss fees of year. XXXX. basis the interest was due the is fleet Health points This the up process Credit SG&A, versus and completed. the for quarter higher million, Breaking million growth. up spend a consolidated basis mainly million. total total to is $X the $X.X and higher prior which expense XX.X than up to $XX.X biggest two Operating $XX.X of the million Fleet increased of The volume segment. primarily up quarter. and and $XX.X depreciation were with year in was line expectations $X.X acquisitions $X.X And to in due $XXX.X QX higher expenses these versus within quarter, million
and Shell $X.X line Lastly, Chevron increased and rebates. by Discovery of sales partner market the acquisition million Benefits, driven and the
an and first for in XXXX. XX.X% Now quarter for is on for to rate due basis, ANI was last basis, was the earnings. the in compared GAAP this rate rate the and XX.X% quarter decline XX.X% to year. number tax QX the Slide the mix taxes On foreign tax XX.X% U.S. On XX. of effective of quarter the for The a
as now QX Looking end the XX, Slide million the XXXX. with million in on down compared sheet quarter cash the the number of balance to we position cash, $XXX from to at ended $XXX
more and the the available about capacity acquisitions. Noventis fund line defined us In than Discovery borrowing increased credit, of from balance end, the borrowing quarter year-end. Because in term covenants revolving this, to order as agreement The $X.X million Benefits at access on gives million X.Xx, capital. $XXX stands million. that cash capacity, X.Xx improved $XXX announced in the At of our leverage was billion ratio the in $XX total up corporate certain notes. of side, had at had balance credit January, of On we loans and we we we and which approximately to a
acquisitions the As expected, the in the increase quarter. in we leverage reflect completed
We interest X.X to continue points. a Pretty delever million executed $XXX we to rate turn hedges, basis at much, another a locking to approximately turn LIBOR X.XX per in in expect year. XXX
placed on We interest have on a hedges rate $X the debt. the we million unrealized gain
of out to As rates, rates. which number we rising approximately to have on XX% LIBOR the at let's debt of today, on the the guidance essentially exposure To call, Slide financing XX. mitigates fixed move close
foundation for first The solid the quarter set year. a
last acquisitions guidance we fuel results organic anticipated subjected Shell the recent year we full higher progressively market. the increased As quarter, been through better continue Chevron growth, by Driven portfolios, by prices reflect updated to the year. to and has and the expect the
full On to be year, the $X.XX expect to share. billion EPS $XXX $X.XX be and adjusted revenue $XXX the range net of $X.XXX to million. in we and an in in basis, $X.XXX per billion expect the income the we of range ANI For range to diluted million of
$XXX to quarter, in EPS On between report to net $X.XX second million range to revenue $X.XX million expect of and $XXX an the For to million. the and range adjusted basis, share. net $XX million the income $XXX we per we of adjusted in expect diluted income be
will XX.X% prices more the for for and this walk quarter second XX gallon the basis have me future based is will points between fleet a XXXX. second the Exchange be Domestic in assumptions. XX the week. The prices based credit assumption few full loss fuel NYMEX The points from Now year. on as basis the the price of $X.XX for U.S. you and through rates per are $X.XX now net end outstanding. March of To year. with fuel XX%, let we year-to-date year. remainder we for line be And opening there that, to assuming for approximately are income conclude, XX the to performance XX.X million full and and the the second projected full guidance of the and quarter with we quarter are the proud And finally, is rate adjusted the for are tax year. the between and the for both The expected questions. are XX shares
