Wix.com (WIX) came out with quarterly earnings of $1.67 per share, beating the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $1.26 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 26.52%. A quarter ago, it was expected that this cloudbased web development company would post earnings of $1.03 per share when it actually produced earnings of $1.29, delivering a surprise of 25.24%. Over the last four qua ...

Accelerated bookings growth, driven by key product initiatives, and FCF margin expansion in Q2 builds momentum for 2H Meaningful bookings growth acceleration with total bookings of $458.4 million, up 15% y/y, as a result of strong Wix Studio uptake, benefits from growing AI capabilities and commerce platform expansion as well as positive response to the price increase implemented earlier this year Bookings growth accelerated across both Self Creators and Partners Continue to expect bookings growth accelerat ...

Analysts on Wall Street project that Wix.com (WIX) will announce quarterly earnings of $1.32 per share in its forthcoming report, representing an increase of 4.8% year over year. Revenues are projected to reach $433.61 million, increasing 11.2% from the same quarter last year. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Prior to a ...

The suite of the new AI functionalities for the blog is designed to provide users with simple solutions to create blogs and build their content library NEW YORK, July 31, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, announced today the release of a suite of AI-powered tools designed to suggest relevant topic ideas for blogs, generate the content and images for their target audience. With this new experience, users can swiftly turn ideas into near-read ...

What: Wix Second Quarter 2024 Results Conference Call When: Wednesday, August 7, 2024 Time: 8:30 a.m. ET Webcast: https://investors.wix.com/ For more about Wix, please visit our Press Room Media Relations: [email protected] NEW YORK, July 17, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that it will report its results for the second quarter ended June 30, 2024 before the market opens on Wednesday, August 7, 2024. Management will host a conference call and webcast that morning at 8:30 a.m ...

Wix is the leading SaaS website builder platform to create, manage, and grow a global, digital presence1. What began as a website builder in 2006 is now a complete platform providing self-creators, agencies, and enterprises, with distinguished performance, security, and a reliable infrastructure. With a focus on continuous innovation, a wide range of commerce and business solutions, advanced SEO, marketing tools, and industryleading AI technologies, Wix users have full ownership of their brand and unmatched ...

In the latest trading session, Wix.com (WIX) closed at $156.79, marking a +0.81% move from the previous day. This change outpaced the S&P 500's 0.07% gain on the day. Meanwhile, the Dow lost 0.13%, and the Nasdaq, a tech-heavy index, added 0.14%. Prior to today's trading, shares of the cloud-based web development company had lost 7.88% over the past month. This has lagged the Computer and Technology sector's gain of 8.61% and the S&P 500's gain of 4.34% in that time. Market participants will be closely foll ...

Wix.com Ltd (WIX) recently announced a suite of innovative features aimed at augmenting the Wix ecosystem and simultaneously unlocking new income avenues. These announcements, made at the company's annual Developers' Conference, DevStudio Con, held in Bangalore, India, are set to transform the way developers build and deploy applications on the Wix platform. To further streamline the app development process, Wix has introduced a series of pre-designed templates tailored to different use cases. These templat ...

WIX's first-quarter total revenues increased 12% year over year to $419.8 million and beat the Zacks Consensus Estimate of $417.7 million. Solid growth in bookings and revenues led to strong free cash flow performance. Free cash flow was $105.7 million compared with $25 million in the year-ago quarter. The Zacks Consensus Estimate for WIX's 2024 and 2025 revenues is pegged at $1.75 billion and $1.99 billion, respectively, which indicates growth of 12.2% and 13.3% from the year-ago levels. Growth Catalysts I ...

Create Rich, Powerful Apps with Wix Command-line Interface (CLI) Developers can now create rich, powerful apps using the tools and technologies they know and love. The Wix CLI offers a robust and flexible environment for building applications on the Wix platform. The Wix CLI supports a streamlined and efficient development process with TypeScript and React at the forefront for frontend development and Node.js powering back-end logic. The Wix CLI provides a comprehensive toolset, including the ability to use ...