2016 Press Releases

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12/13/16WageWorks Expands Uber Partnership to Offer Pre-Tax Savings to uberPOOL Commuters
After its initial launch in New York City, the program will be available to commuters in Boston, Washington D.C., San Francisco and more SAN MATEO, Calif., Dec. 13, 2016 (GLOBE NEWSWIRE) -- WageWorks, Inc. (NYSE: WAGE), a leader in administering Consumer-Directed Benefits (CDBs), today announced the expansion of its partnership with Uber that allows commuters to pay for uberPOOL rides using pre-tax funds from their WageWorks Commuter accounts. Building on the success of the initial offering, ... 
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11/09/16WageWorks Reports Third Quarter 2016 Financial Results
Total revenue in the third quarter 2016 of $88.9 million  Third quarter 2016 GAAP net income of $5.9 million or $0.16 per diluted share, Non-GAAP net income of $12.6 million or $0.34 per diluted share   Third quarter 2016 non-GAAP adjusted EBITDA of $26.5 million SAN MATEO, Calif., Nov. 09, 2016 (GLOBE NEWSWIRE) -- WageWorks, Inc. (the “Company”) (NYSE:  WAGE), a leader in administering Consumer-Directed Benefits, today announced the Company's financial results for its third qua... 
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11/01/16WageWorks Acquires ADP’s Consumer Health Spending Account and Consolidated Omnibus Reconciliation Act Businesses to Further Its Leadership Position in Consumer-Directed Benefits
SAN MATEO, Calif., Nov. 01, 2016 (GLOBE NEWSWIRE) -- WageWorks, Inc. (NYSE: WAGE), a leader in administering Consumer-Directed Benefits (CDBs), today announced it has signed definitive agreements to acquire Automatic Data Processing Inc.’s (NASDAQ:ADP) Consumer Health Spending Account (CHSA) and Consolidated Omnibus Reconciliation Act (COBRA) businesses.  This transaction is expected to close by the end of November, 2016 and further strengthens WageWorks' leadership position in the Consumer-Di... 
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10/17/16WageWorks Schedules Third Quarter 2016 Financial Results Conference Call
SAN MATEO, Calif., Oct. 17, 2016 (GLOBE NEWSWIRE) -- WageWorks, Inc. (NYSE: WAGE), a leader in administering Consumer-Directed Benefits (CDBs), which empower employees to save money on taxes while also providing corporate tax advantages for employers, today announced that it will release financial results for its third quarter 2016 after U.S. financial markets close on Wednesday, November 9, 2016. WageWorks will host a conference call on November 9, 2016, at 5:00 p.m. ET to discuss the Comp... 
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10/13/16WageWorks Provides Best Practices and Resources for Employees Participating in Open Enrollment
SAN MATEO, Calif., Oct. 13, 2016 (GLOBE NEWSWIRE) -- WageWorks, Inc. (NYSE: WAGE), a leader in administering Consumer-Directed Benefits (CDBs), announced today the availability of a new Open Enrollment Resource Center designed to help employees make informed decisions and select the right benefits for the coming year. Open Enrollment is a once-a-year opportunity for employees to assess the benefits offered by their employer and find the options that best serve their individual and family ne... 
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08/30/16WageWorks Partners with Uber to Offer Pre-Tax Commuter Benefits for uberPOOL
A first-of-its-kind partnership, WageWorks® provides cost-saving options for the popular ridesharing service SAN MATEO, Calif., Aug. 30, 2016 (GLOBE NEWSWIRE) -- WageWorks, Inc., a leader in administering Consumer-Directed Benefits (CDBs), today announced a partnership with Uber that allows Uber riders to pay for uberPOOL rides with their WageWorks commuter benefit pre-tax funds, resulting in meaningful savings on rides to and from work, making the commute more affordable for working people i... 
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08/09/16WageWorks Reports Second Quarter 2016 Financial Results
Total revenue in the second quarter 2016 of $87.7 million   Second quarter 2016 GAAP net income of $2.9 million or $0.08 per diluted share, Non-GAAP net income of $13.3 million or $0.36 per diluted share   Second quarter 2016 non-GAAP adjusted EBITDA of $27.5 million, a 24 percent increase year-over-year SAN MATEO, Calif., Aug. 09, 2016 (GLOBE NEWSWIRE) -- WageWorks, Inc. (the “Company”) (NYSE:WAGE), a leader in administering Consumer-Directed Benefits (CDBs), which empower employees... 
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07/18/16WageWorks Schedules Second Quarter 2016 Financial Results Conference Call
SAN MATEO, Calif., July 18, 2016 (GLOBE NEWSWIRE) -- WageWorks, Inc. (NYSE: WAGE), a leader in administering Consumer-Directed Benefits (CDBs), which empower employees to save money on taxes while also providing corporate tax advantages for employers, today announced that it will release financial results for its second quarter 2016 after U.S. financial markets close on Tuesday, August 9, 2016. WageWorks will host a conference call on August 9, 2016, at 5:00 p.m. ET to discuss the Company’s... 
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06/08/16WageWorks to Present at the William Blair Growth Stock Conference
SAN MATEO, Calif., June 08, 2016 (GLOBE NEWSWIRE) -- WageWorks, Inc. (NYSE: WAGE), a leader in administering Consumer-Directed Benefits (CDBs), which empower employees to save money on taxes while also providing corporate tax advantages for employers, today announced its participation at the William Blair Growth Stock Conference on Thursday, June 16, 2016 in Chicago. Joe Jackson, CEO, and Colm Callan, CFO, are scheduled to present at 9:20 a.m. Central Time. The presentation will be webcast liv... 
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05/24/16WageWorks to Kick Off Open Enrollment Webinar Series to Boost Employee Participation in Consumer-Directed Benefits
SAN MATEO, Calif., May 24, 2016 (GLOBE NEWSWIRE) -- WageWorks, Inc. WHO: WageWorks, Inc. (NYSE: WAGE), a leader in administering Consumer-Directed Benefits, will be hosting three stand-alone Open Enrollment webinars for Human Resource/Benefits professionals and business owners who want to better engage with employees during Open Enrollment and motivate more individuals to enroll. WHAT: WageWorks’ Open Enrollment webinars – three in total – are designed to give organizations practical strat... 
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05/05/16WageWorks Reports First Quarter 2016 Financial Results
Total revenue in the first quarter of $87.0 million First quarter 2016 GAAP net income of $5.8 million or $0.16 per diluted share, Non-GAAP net income of $11.9 million or $0.33 per diluted share   First quarter 2016 non-GAAP adjusted EBITDA of $25.1 million, a 14 percent increase year-over-year SAN MATEO, Calif., May 05, 2016 (GLOBE NEWSWIRE) -- WageWorks, Inc. (the “Company”) (NYSE:  WAGE), a leader in administering Consumer-Directed Benefits (CDBs), which empower employees to sav... 
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04/18/16WageWorks Schedules First Quarter 2016 Financial Results Conference Call
SAN MATEO, Calif., April 18, 2016 (GLOBE NEWSWIRE) -- WageWorks, Inc. (NYSE: WAGE), a leader in administering Consumer-Directed Benefits, today announced that it will release financial results for its first quarter 2016 after U.S. financial markets close on Thursday, May 5, 2016. WageWorks will host a conference call on May 5, 2016, at 5:00 p.m. ET to discuss the Company’s financial results and business outlook.  The live webcast of the conference call can be accessed under the “Investor Re... 
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03/07/16United States Office of Personnel Management Chooses WageWorks to Administer Flexible Spending Account Program
SAN MATEO, Calif., March 07, 2016 (GLOBE NEWSWIRE) -- WageWorks, Inc. (NYSE: WAGE), a leader in administering Consumer-Directed Benefits, announced today that it has been selected by the United States Office of Personnel Management (OPM) to administer its Federal Flexible Spending Account Program (FSAFEDS). “We are extremely pleased that OPM selected us to administer their FSAFEDS Program,” said Joe Jackson, CEO, WageWorks, Inc. “As a company with a proven track record of success providing Co... 
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02/18/16WageWorks Reports Fourth Quarter and Full Year 2015 Financial Results
Fourth quarter 2015 total revenues of $83.1 million, a 6 percent increase year-over-year Full year 2015 total revenues of $334.3 million, a 25 percent increase year-over-year Fourth quarter 2015 GAAP net income of $6.2 million or $0.17 per diluted share. Non-GAAP net income per diluted share of $0.33 Full year 2015 GAAP net income of $23.0 million or $0.63 per diluted share. Non-GAAP net income per diluted share of $1.25 Fourth quarter 2015 non-GAAP adjusted EBITDA of $25.8 million... 
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02/11/16WageWorks Named Winner in 10th Annual Pay Awards
SAN MATEO, Calif., Feb. 11, 2016 (GLOBE NEWSWIRE) -- Paybefore has selected WageWorks, Inc. (NYSE: WAGE), a leader in Consumer-Directed Benefits (CDBs), as a 2016 Pay Awards winner in the Best Health Benefits Delivery category. For 10 years, the Pay Awards has conferred the most prestigious recognition of excellence in the worldwide prepaid, mobile and emerging payments industry. The awards are presented annually by Paybefore, whose publications are the leading source of industry information f... 
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02/01/16WageWorks Schedules Fourth Quarter and Full Year 2015 Financial Results Conference Call
SAN MATEO, Calif., Feb. 01, 2016 (GLOBE NEWSWIRE) -- WageWorks, Inc. (NYSE: WAGE), a leader in administering Consumer-Directed Benefits, today announced that it will release financial results for its fourth quarter and full year 2015 after U.S. financial markets close on Thursday, February 18, 2016. WageWorks will host a conference call on February 18, 2016, at 5:00 p.m. ET to discuss the Company’s financial results and business outlook.  The live webcast of the conference call can be acces... 
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01/05/16WageWorks to Present at the Needham Growth Conference
SAN MATEO, Calif., Jan. 05, 2016 (GLOBE NEWSWIRE) -- WageWorks, Inc. (NYSE: WAGE), a leader in administering Consumer-Directed Benefits (CDBs), which empower employees to save money on taxes while also providing corporate tax advantages for employers, today announced its participation at the Needham Growth Conference on Tuesday, January 12, 2016 in New York City. Joe Jackson, CEO, and Colm Callan, CFO, are scheduled to present at 2:10 p.m. Eastern Time. The presentation will be webcast live, a... 
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