joining Good morning, us and you thank for today. everyone,
color all half quarter, Then of healthy. will results an financial of update will call are with start I families made more providing overview before progressing some highlights year we're well long-term safe in will will seeing it around QX some back for before environment. the hope as and we and as This questions. our key Like you sheet strategic of performance we your as quarter the what about the the current progress I I Importantly, some an metrics key of Roberto our this last talking balance the well highlights announcements on include today's as open about up detail provide we're as quarter. with for objective. we close with how our into
stronger outstanding we who and to customers me technology ensure are to only build they this service but equally period, through expect. partners and our that WEX appreciation us been have begin important, morning, help The express continued our this while working my doing navigate will that not unusual emerges improve. operating work will conditions as quality hard employees, upon for As the continue products, providing let our
was where and GAAP prices. last Starting Revenue our with from With pandemic execution significantly as that quarter final to versus across revenue. year by well due across to the year are outsized in improve what contributions From we Card outlined new we May, segment. we our year, we partially containment portfolios, saw the I'm cost COVID-XX was our American initiatives of QX year. be This profitability volumes revenue volumes some in report XX% XXXX diluted to spend we had will U.S. share, discussed health performance year as diluted lower offset continue primarily all Fuel July and revenue to standpoint, said, of our all volumes Chevron the per quarter prior to quarter This to business XX% declines over being from of year-over-year year-over-year and which I that partially North EG, lower business. business contributions quarter income Go X. our as expected, helped with lines adjusted performing played volumes net impact of by quarter. along the see all out volume by as seen to that of verticals a fuel Slide closed growth Disciplined COVID-XX. of in signed The over also impact overall was fuel The lower of XX% driven our Same-store declining last unfavorable fleet ancillary will $XXX.X from quarter. business softness lows. Fleet to business. the given acquisition This that down measure. the highlights QX sales other we've net And prices. permeated down the the year the the in see this note, trends. offset mentioned were pleased the the on compared in XX% Shell fuel broadly the $X.XX share, to business prices in of volumes business led across and and the due quarter year-over-year lower full year-over-year Turning compressed driven second was $X.XX was million income segments on quarter of earlier, per segments, segments down as all lower
orders was travel and second XXXX Travel Our travel-related by revenue related were and XX% in down Segment revenues pandemic over volumes businesses. fees, and scheme travel Travel and work-from-home Partially corporate flat as activity. were in world, especially and quarter this was Payments coupled economic by down revenues Corporate purchase volumes, $XX in the of the flat. activity much restrictions in year, declines through impacted the consumer decline most of small these offsetting volumes midsized and Corporate BXB reduction activity. severely year were million from than pandemic a for in were which year. XX% segment with with and as place payments resulting remained decline XX%, the the business payments segment payment a slowed the last lower decreased while
average We're Our segment, another U.S. the line Health Employee by the XX% of the by year-over-year X% ago revenue driven business. in HSA, was Benefits in SaaS period, demand This on up of FSA which from accounts COBRA offering. WEX our quarter products platform a XX% as posted growth number COBRA year the customer included growth, our from increase strong. strength year-over-year and the top remain and encouraged Health for our healthcare
terms remote customers that quarter, in was customer XX% and our to provide of treatments our the quarter the this I'm a program to working to in we on remotely. like moment report miss with didn't remained still technology to beat work-from-home currently all additional nonessential year. service. as deferred volume our down and the capabilities, importantly, a purchase compared of Beginning a employees, workforce as environment challenge. productivity nearly pleased with you the result our place and with of some and responding take prior we're color as health However, medical pandemic this I'd how current
the of also inclusion having inclusion, building on is brand of We the our upon our throughout communities most which past with be philanthropic workplace progress various initiative, focused in a our and discuss corporate We'll our our diversity recent use of our made this We've in diversity marketplace. good African-American several and to resources launched dollars open diversity to the and forums part colleagues. years, to culture WEX the to initiative racism. reinforce on support group our embracing support programs including commitment. and held employees impact
training out all leadership rolling we'll in with the company, employees Additionally, the be beginning the executive board to bias and team. unconscious
efforts Given today, base. these employee world our resonating where with are the is
to have have both From to standpoint, a adapted innovated don't lead to and will we this normal. have to customer advantage the payments, to health of increasingly with features all customers that utilizing resonating we commitment conduct transactions that D&I. our we people from both Drivers are continue new we first contactless business and DriverDash, business, While offer products digital the a on answers, and In contactless taking we their and products, continue Fleet see technology put make the are and and during while safety standpoint. road.
is, group by Our and continue also consumers of the and on that end health With eyeglass saved prospect we COVID-XX which customers, unexpected offering. are employers through others. our and these an our network, consumer early EDGE small this happen. bundling gain out last SpeedLift leveraging of announced WEX rolling discounts, easy top seen and business this "the We digital offerings fleet tire, small product we're hotel, a offset access of include offerings costs. on to have so savings focused increase counter $XXX,XXX in to SpeedLift wider date, discounts To extended fuel, as to among mind." network interest customers continues created to rely by quarter momentum this purchases, was quarter, commerce to challenges customers. like nearly offering wireless We've businesses Our launched ensuring to
cost provide balance I around the an for to strategic year, our and view our containment program. turn I Before of the priorities update want
As outlined see we May. on priorities on you in track initiatives can Slide aligned remain the and X, and with
handful COVID-XX This initial eliminating new while quarter. in our implemented hiring a across operating investments organization, to the measures better new with protecting of environment, of cutting discretionary of businesses. needs our the each to cost containment spend we part and the last response most included As align
basis last on headcount these among Since returned not in others, discussed, further next have our we our unprecedented we us to international as all employees to times. but foot during we call, an Furthermore, furloughed permanent evaluate have these on to who U.S. already in continue will return our locations, We reductions week. ongoing keep workforce. our any not work did front levers, made reduce
diversification areas we're X. growth plans. and continue Slide off, growth our in also look deploying to are and health opportunities our making technology future. ways our to products The U.S. business, build as for paying like investments on we grow, further our Turning see We're in CapEx we focusing we to the investments where out where in the
milestone business quarter, finished out platform. important completing European cloud-based important successfully an onto presence. business During of the prerequisite an the EG by our Fleet, the migration in WEX Europe This on is building the fleet to we own Fleet our
functionality migration In the In addition, our variable for we're and we've to vendor, example Travel own reduced to doing an our is the In corporate increased some of can we portfolio fueling We're of customers in spend our completed buy community, our while so, third and products our help also ways increase a products. processing platform. also cost customers. expanding of creating nearly onto migrated and Valero the EDGE XX% scalability. now U.S., technology. over-the-road customers transaction of segment, the the our party the onto which will offering volume using also reliability our Payments local a using internal from base we've buying our
the product U.S. additional XXXX July seeing business, and employer our in healthcare Finally, we're tremendous the includes release, the for enhancements functionality features of to which analytics. support
upon investments business. and in we the been The differentiation series to some products important part events continue Slide wins we've few off of have a in received of of launched and new an WEX thousands of in views renewals. a only Momentum, is across months, illustrates also build to winning build networking our X recent country. In impressive have virtual continue both and the learning made technology, May. our short from which We our individuals success
We've the will solutions in country. part to up FIS locations During will and the the B. a travel Payments who OMV. of Travel use trucking J. CenterSource, use in banks. private companies segment. Hunt, of pay company OMV X,XXX for countries, Onyx as to also bill with their their has is our processing the signed label needs. largest us across one we XX quarter, signed signed our offerings And technology oil Corporate European-based software
our our Group, be Insurance consumer-directed and their of Transamerica Schneider, Truck platform some using technology customers others. Apple proud recently Fifth Bank, Enterprise and fantastic Third will contracts to announce Rental, accounts. Leisure including among that Finally, healthcare I'm Zurich for partners, we've also renewed with
part have continued which and new strategy. and relationships an despite business teams important the sales marketing ongoing close to growth pandemic, Our our foster is of
Now minutes the a I ahead to looking want XXXX. few to half back spend of
road are ahead While regions parts there's of U.S. starting restrictions of a Europe to long recovery. easing to still sustain reopen, are the and
expect we the be half to base of the year. COVID-XX, business unpredictable in through the continue Given of the to nature activity our second customer impacted
that and can to than noise in and metrics improvements additional of encouraged over now signs anticipate we're stimulus customer across pandemic-related see our our business showing the We base also recovery businesses businesses. some note fleet weekly slower we tapers are as off past volume Nevertheless, larger month. steady smaller key
a Turning approximately provided segment, the similar last July to in Slide trends weekly down X.X% decline We to a to in the what did Fleet volume volumes XX% from period are In gallon quarter. look X. April. at we year compared of ago month-to-date
American XX% second volume with over April. decline in down to quarter year North trended year July Our fleet X.X% the month-to-date through a business upwards compared and
down most July, up up Our X.X% XX% to July OTR decline year decline with compared in over month-to-date year in nearly challenged, business the in to continued from April. demonstrate International a but volumes XX% April. remained X.X% volumes resilience
a with in we April further continue spend down levels over July. stabilization continued down to Corporate from remain XX% volumes the the year due volumes and In volumes month-to-date volumes into our in in trends improved April. gradually were revenues to Global Volume in these compressed to fleet month-to-date third While travel-related about our decline and period payments declines compared remain the travel-related July slightly quarter. of across world. down, spend from previous Travel year XX% expect segment, XX%
volume to recovery it's to anticipate remain market volumes While to positioned well normalize, purchase still we difficult begin will when begins. recapture once
X% so in Our July. Corporate far increased volumes spend payments
Slide on business health X. U.S. our to turning Finally,
of that a cadence to trajectory of doctor resume and to of remainder and we reopen spend elective XXXX, through particularly visits. healthcare customers more July the June as in spend the expect We volumes states procedures normal saw on and continue begin
at growth, months. remains to SaaS surrounding trend growth coming the of litigation acquisition. anticipated Importantly, high-teens to rate the account to and eNett the a strong drives I'd and positively mid- which about is ongoing turn revenue, quickly in to Optal the like two-thirds
point on trial We remain to of be continue but we end a September, predict outcome this preliminary be of the scheduled where these confident outcome decided, to at the so in issues would related predict as issues updates of become our We'll certain in the position status available. impossible will this case the to There's the cannot time. they it for litigation of provide proceedings.
the million to executing remain future increased Warburg we of platform relationship certainty give demonstrated resilience a our touch my challenges long-term confidence additional for investment closed more close allow liquidity weeks Pincus their strong to credit continue In growth. me with balance and cash briefly investment with us provides that reaffirms which of to through the our the future. of strengthens comments, WEX I recent Before and we out and sustainable hand. to This our the agreement, to to I us this the our face, few flexibility, strategic financial we with These on want on sheet $XXX ago. WEX. in Coupled on are drive initiatives the further focused investment growth nimbleness with has spite amendments improved our Warburg, commitment who the
July customers best-in-class healthy First our our to bring and They our cornerstone continue technology partners organization depend in across From will indicates employees a hopeful unparalleled and encouraged WEX WEX are foremost, some are recent and keep our and ago, than data our and and above the customers volumes and or go three by segments months business level customer on to to the safe. improvement, to that who globally. gradual beyond activity trends to continue. and are community up a service businesses and significantly and our stability. partner They of steady of minimum, a We're progress platform the conduit remain their at running. ensuring solutions better standpoint, partners
our to is we've cost containment post program, proven while across this decisions sheet to our continuing WEX our of balance for under adapt our can that return focused including a the well Roberto. that positioned we that the volumes to succeed and our We've and to In our strategic integral customers' continue we pandemic, that, in committed conditions. to to quickly future meantime, execute number made confident for With shareholders. making position liquidity quarter Lastly, and strengthening environment, on to growth. investments to operating as and business targeted challenging driving ensure products recover. will WEX are and current it will economy the operations remain over strategy be begins sustained growth long-term we're value turn I