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Last €45.42 EUR
Change Today +5.16 / 12.81%
Volume 0.0
W5G On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 2:08 AM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

wageworks inc (W5G) Snapshot

Open
€45.40
Previous Close
€40.26
Day High
€45.42
Day Low
€45.40
52 Week High
02/17/15 - €54.70
52 Week Low
08/29/14 - €30.95
Market Cap
1.6B
Average Volume 10 Days
2.6
EPS TTM
--
Shares Outstanding
35.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for WAGEWORKS INC (W5G)

wageworks inc (W5G) Related Businessweek News

No Related Businessweek News Found

wageworks inc (W5G) Details

WageWorks, Inc. provides consumer-directed benefits programs (CDBs) to employees to save money on taxes in the United States. It offers flexible spending accounts (FSAs) that are employer-sponsored CDBs, which enable employees to set aside pre-tax dollars to pay for eligible healthcare expenses, such as co-pays, deductibles, and over-the-counter medical products, as well as for vision expenses, orthodontia, medical devices, and autism treatments. The company also provides FSA programs for dependent care plans that allow employees to set aside pre-tax dollars to pay for eligible dependent care expenses, which include child, day, adult, and elder care expenses. In addition, it offers employer-funded health reimbursement arrangements (HRAs) in which employers provide their employees with a specified amount of reimbursement funds that are available to help employees defray their out-of-pocket healthcare expenses comprising deductibles, co-insurance, and co-payments; and administers health savings accounts for employers that allow employee participants to invest funds to be used for qualified healthcare expenses at any time without federal tax liability or penalty. Further, it offers transportation fringe benefits consisting of parking; transit passes; transportation in a commuter highway vehicle or vanpooling; and bicycle commuting reimbursement. Additionally, it provides Consolidated Omnibus Budget Reconciliation Act (COBRA) continuation services to employer clients to meet the employer’s obligation to make available continuation of coverage for participants, who are no longer eligible for the employer’s COBRA covered benefits, including medical, dental, vision, HRAs, and certain healthcare FSAs. The company was incorporated in 2000 and is headquartered in San Mateo, California.

1,548 Employees
Last Reported Date: 02/26/15
Founded in 2000

wageworks inc (W5G) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $639.6K
Chief Financial Officer
Total Annual Compensation: $108.8K
Chief Operating Officer
Total Annual Compensation: $335.8K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $317.9K
Compensation as of Fiscal Year 2014.

wageworks inc (W5G) Key Developments

WageWorks, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Revises Earnings Guidance for the Full Year 2015; Provides Effective Tax Rate Guidance for the Second Half 2015 and Earnings Guidance for the Third Quarter 2015

WageWorks, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenue of $82.8 million, compared to $58.8 million for the second quarter of 2014, an increase of 41%. GAAP operating income was $6.8 million compared to GAAP operating income of $7.9 million for the second quarter of 2014. GAAP operating income includes aggregate pre-tax charges of $2.1 million related to integration initiatives that will streamline its operations and deliver better and more efficient service to its customers. On a non-GAAP basis, operating income which excludes the severance charges was $17.5 million, compared to non-GAAP operating income of $14.5 million for the second quarter of 2014. GAAP net income was $3.5 million, or $0.10 per diluted share compared to GAAP net income of $4.6 million, or $0.13 per diluted share, for the second quarter of 2014. On a non-GAAP net income basis, net income was $10.3 million, or $0.28 per diluted share, compared to non-GAAP net income of $8.6 million, or $0.24 per diluted share, for the second quarter of 2014. Non-GAAP net income for the second quarter of 2014 and 2015 excludes expenses related to stock-based compensation, amortization of acquired intangibles, contingent consideration expense, and significant severance costs related to integration initiatives and the related tax impact of these items. Non-GAAP adjusted EBITDA was $22.2 million, a 27% increase compared to non-GAAP adjusted EBITDA of $17.5 million for the second quarter of 2014. Income before income taxes was $6.41 million compared to $7.64 million a year ago. For the six months, the company total revenue of $168.05 million compared to $121.38 million a year ago. Income from operations was $16.44 million compared to $18.79 million a year ago. Income before income taxes was $15.57 million compared to $18.30 million a year ago. Net income was $9.16 million or $0.25 per diluted share compared to $11.03 million or $0.30 per diluted share a year ago. Net cash provided by operating activities was $87.96 million compared to $9.72 million a year ago. Purchases of property and equipment was $11.26 million compared to $7.07 million a year ago. Non-GAAP income from operations was $35.4 million compared to $29.7 million a year ago. Non-GAAP net income was $20.8 million or $0.57 per diluted share compared to $17.5 million or $0.48 per diluted share a year ago. Adjusted EBITDA was $44.3 million compared to $35.7 million a year ago. The company expects effective tax rate to return to more normalized level from the second half of this year 2015. For the full year 2015, the company expects total revenue to be in the range of $332 million to $335 million. Organic growth rate for 2015 is still expected to be the range of 10% to 12%. GAAP net income per diluted share is expected to be the range of $0.52 to $0.55. Non-GAAP net income per diluted share is expected to be in the range of $1.15 to $1.18. GAAP and non-GAAP net income per diluted share assume a tax rate of approximately 40% and weighted shares outstanding of approximately 36.8 million. The company's is raising guidance for non-GAAP adjusted EBITDA for the full year of 2015 and now expect it to be the range of $89.5 million to $91.5 million. For the third quarter 2015, the company's expect total revenue to be in the range of $81.7 million to $82.7 million; GAAP net income per diluted share of $0.15 to $0.16; and non-GAAP net income per diluted share of $0.29 to $0.30. GAAP and non-GAAP net income per diluted share assume a tax rate of approximately 40% and weighted average shares outstanding of approximately 36.8 million. Non-GAAP adjusted EBITDA for the third quarter of 2015 is expected to be in the range of $22.7 million to $23.3 million.

WageWorks, Inc. to Report Q2, 2015 Results on Jul 30, 2015

WageWorks, Inc. announced that they will report Q2, 2015 results at 5:00 PM, US Eastern Standard Time on Jul 30, 2015

WageWorks, Inc., Q2 2015 Earnings Call, Jul 30, 2015

WageWorks, Inc., Q2 2015 Earnings Call, Jul 30, 2015

 

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Industry Analysis

W5G

Industry Average

Valuation W5G Industry Range
Price/Earnings 100.0x
Price/Sales 5.7x
Price/Book 5.9x
Price/Cash Flow 39.3x
TEV/Sales 3.9x
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