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WIX Q4 Earnings & Revenues Beat Estimates, Increase Y/Y
WIXWix(WIX) Zacks Investment Research·2024-02-21 15:36

Wix.com Ltd (WIX) reported non-GAAP diluted earnings per share (EPS) of 1.22forfourth−quarter2023,exceedingtheZacksConsensusEstimateof98cents.ThecompanyhadreportedEPSof61centsintheyear−agoquarter.Totalrevenuesincreased141.22 for fourth-quarter 2023, exceeding the Zacks Consensus Estimate of 98 cents. The company had reported EPS of 61 cents in the year-ago quarter.Total revenues increased 14% year over year to 403.8 million and beat the Zacks Consensus Estimate of 402.6million.AttheendofDec31,2023,registereduserswere263million.QuarterinDetailCreativeSubscriptions’revenues(73.3402.6 million.At the end of Dec 31, 2023, registered users were 263 million.Quarter in DetailCreative Subscriptions’ revenues (73.3% of total revenues) increased 12% year over year to 296 ...