Good are will our for with joining us environment the how you I overview morning including of quarter. as take results performance more unprecedented and some we everyone further QX jumping the balance provide Roberto navigating today. on details as second the into call into Then the current liquidity brief quarter will to are highlights the first well due open we before and COVID-XX pandemic, what thank a progress your we seeing as we sheet questions. before
our the FSA federal healthcare and workers products drivers, and their with keeping and I the want by who communities chain COBRA the directly customers, police these country all world who to are moving It's needs. frontline the our running. are saying as individuals including are Many people first and are supply as workers responders, agencies for together on the that the who well using essential extraordinary healthcare people ambulance times. officers of truckers HSA, during thoughts start incredible these and pay prayers to been and by keeping world are impacted and watch COVID-XX, come the to
day-to-day partners services without and they come other to world. have remain employees, we continue the on that throughout products communities the heavily even are support our over efforts customers of safety expect entire our past in relying each top of these and and am as company's the come which to and the as together well our priority. order operations, months best-in-class that Understanding I remains proud their difficult more compromising to serve to well-being providing WEX committed we
went at quarter very to with quarter. into home as The the strong businesses significantly like the U.S. quickly end effects the some expected for many quarter highlights on we the versus we performance first year off as million. other to results businesses started grew in slide Turning quarter but nonessential slowdown, Revenue slowed stay and corporate XX% strong three. businesses $XXX of place. health our and Even payments of toward the orders had restrictions prior
income share $X.XX standpoint, businesses. per of and upon higher-than-expected shortly. driven From mentioned in $X.XX a GAAP income this was offset travel This up partially expand was Roberto diluted fleet by performance, net per as net adjusted loss diluted will year-over-year. losses was X% our topline and credit I a and just profitability was share, by
sales Same-store from with portfolios. the fleet the Shell Starting European X% American our Revenue in quarter started our performance Chevron to well industry in but decline solid as for notable was in transaction segment. only to early the show primarily up year-over-year, experienced XX% an off in the and volumes compared in were and Construction down businesses the fleet was last benefiting we North year quarter. gains X% good quarter the and year March.
locations are offers These the typically large On into to discounted in at discounts only tire an EDGE available Bridgestone with to the to locations Hotels.com. EDGE we product over partnership access purchasing competitive participating companies. front, with this retail fuel to include customers access X,XXX an experience launching and operation at market hotel integrated highly curated, integrated WEX pricing are week. nationwide, that online provides offers booking renegotiated service WEX
most segment Segment in the and year-over-year, and while corporate restrictions. this X% payments payments-related down were travel related increased were Our impacted corporate X% and revenue segment businesses up by severely travel pandemic by XX%. businesses travel-related was the
through the quarter. and payments. see it this business split of revenue to late travel-related travel volumes corporate to began nearly of end was starting The effect and in For mid quarter, on travel XX-XX the the between pandemic of accelerated the February
This payments a our new by relationship. the payable accounts continues on channel corporate this entered down impressive in particularly note, The continued businesses with in results, first increasing to the to Also, payments resulted through X% the segment to agreement be Mastercard, XXXX. volumes of Growth which expands greatly quarter. partner driven ongoing long we of and post whole in in quarter into usage the for the virtual purchase products. migration area positive our a term
earlier, year. segment this As healthcare benefit posted market. acquisition consumer-directed I was expectations beginning the as in healthcare in up quarter, solid segment XX% line to for a our solid with the Revenue from the of we DBI and continue at the said growth the
workforce. processes tools handful to find which people currently that's decisive with We early of necessary business in effectively March ensuring a Turning a work putting home phasing our and a in the home began ourselves, support program workforce we remote from environment of exceptions four. in to the our operating in all place while and working remotely. our Recognizing we This in to took implementing and included slide policy of the protect action work from unprecedented safety well-being continuity.
since and technology that transactions, we am On to continue March. best-in-class have our transaction technology note, have contactless all to the Furthermore, and although customers middle small our products proud innovate percentage seen On customer to I a side, volumes platforms a fully to we first. up and the cloud remained market a dramatic of the side running. it's in increase of DriverDash bring say overall to of
response include special-purpose very to for of care offerings and Of SpeedLift set note limited-purchase help rapid offset accounts COVID-XX the home positive. accounts and response to related from These work Initial this business to accounts and expenses has SpeedLift, timely quarter, COVID-XX many costs. temporary in unexpected a healthcare been response costs, partner solution U.S. employee for employers consumers and bundling resources offerings dependent others. announced pandemic, containing to a our
WEX's support as needs to the our services in usual, ready remain available, customers. Additionally, place, meet and of
going in allocate areas. priorities continue Over resources of how we our investing of our the forward, a which five. months, pace slide parts to some on all had strategic we of we business, and We last at couple in slower will reviewed although are highlighted anticipated all than originally plan
our specifically original to in invest healthcare U.S. business at levels. continuing We are
most cutting reduce positions have At actions of difficult permanently discretionary better to the current the align eliminating our by environment. cost we the business we in rescaled organization. U.S. to also workforce operating costs X%. made and April, containment These same with the the decision time, portions In open include
the work these We down We U.S. and pandemic. employees August. additional also where anticipate early currently returning work an of furloughed positions slowing due X% in is to employees to
are locations well. We in taking in many as also of actions process of similar the our international
voluntarily cash $XX to while XX% resulting taken Board time, executive XX%, from in the are of has million these we At to to changes guidance. compensation a for XX% to total reduce our be their to savings period time. a $XX same the salaries reduction by Directors The expected original million decided of approximately compared
We also on variable costs. savings expect additional
where our with approximately year We we capital deployment, are as investments $XX original continue such more CapEx health budget. business. selective our to on by our expenditures this U.S. reduce plan grow, we to versus being million focusing Additionally,
be flexible our to our and the to the will help will magnitude current we navigate and environment, economic will pace to we these future While successfully continue recovery. actions global calibrate approach actions the of ensure with
a ahead looking Now to few and second I minutes spend the on six. beyond slide will quarter
As business fleet on to through impacted thus expect world continue of that working impact travel to have second stay and pandemic, the restrictions government minimize still to volumes quarter. the we the the spread COVID-XX home the at is have orders our and policies, far an
segment, in ago. payment processing fleet of the April are down XX% approximately transactions year from In a the month
XX% been which decline. the declines piece, more fleet down is XX% the and with of American volume is seeing business about North businesses hit smallest business, at moderate international hardest XX% Our has nearly about OTR the the
While currently the solid. down, are volumes fleet remains business core segment's
have a We stabilization seen volume levels. at these
the volumes travel in approximately XX% are from global last same our In April business, down year. spend period
hit April. in followed Asia-Pacific March business through hardest Our volumes, travel was declines by first accelerated which mid-February, into travel in European
will when volumes do we COVID-XX two are as recapture American and challenged. North positioned followed the months volumes once path recovery pandemic, over market begins. consequence to We well know, but volume the a purchase to now similarly Our the remain same not rebound past
drop Our in spend spending. corporate in X% declined reflecting business a payments April, volumes
year. continue U.S. other the is and the to through expected business perform On rest remains hand, the well to strong of our health
pipeline be spending to for elective well the pandemic products our business, While each to healthcare up seeing period of solid. again products. ramp to through our continues demand we and strong are slowed, subsides. quickly increased healthcare manage are once remains working this that particular, In positioned the area COBRA we ensure In and are demand we has effectively our for
When quickly we into this and Page transaction acquisition. of wins some very began fall, discussions the rationale seven the I on touch eNett recent entering Optal strong. for illustrates last was will strategic and our renewals.
have was with adverse continue of in back in pandemic have eNett it and and us conditions the January. deal connection signed the and obviously not arising hard work of Optal. that is of concluded had material lot However, situation in the to businesses to a wanted a on have we that the get be this expected and It to any the or effect
have this taken have closely walked away we adverse pursuant decision conclusion. that deal, Because close been lot the not signed of Optal material agreement. a advised analyzing a advisors the have terms the and lightly. WEX but This to we effect, eNett we required specialist done a this has of not work reach is never from purchase situation by with transaction WEX the to of is to
a Roberto. few before just the I to conclusion in over words Finally, call turn
look times and proud organization our our challenging order ahead, sheet business throughout our term to done remain the storm priorities the customers on focused we in we the As of have as committed ensuring position. growth balance strengthening I support our these we sacrificing of business resilience without am with and potential. long they keep These better adapt same navigate us to us. liquidity to work our weathering the
will and the the the I emerging to solutions want the products needs to for team partners. offer integral of are anticipating market customers bringing first, do what customer entire do as technology best-in-class operations that to we and economy volumes expect providing thank best, to service improves. our continuing unparalleled and and The we WEX our they return
times. strong of While the WEX to segments duration positions well of our of positions COVID-XX magnitude diversification in and resilience gauge it's portfolio, to sheet navigate balance and challenging difficult our pandemic, these the each and through us coupled the the market-leading with
will Roberto. that, With over to turn it I
