Wix.com (WIX) Tops Q2 EPS by 3c

Wix.com (NASDAQ: WIX) reported Q2 EPS of ($0.09), $0.03 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $68.73 million versus the consensus estimate of $66.73 million.

• Added a record 183,000 net premium subscriptions in the period to reach 2.12 million as of June 30, 2016, a 41% increase over the second quarter of 2015
• Added 5.1 million registered users in the second quarter. Registered users as of June 30, 2016 were 87 million, representing a 29% increase compared to the second quarter of 2015

GUIDANCE:

Wix.com sees Q3 2016 revenue of $72-73 million.

Wix.com sees FY2016 revenue of $278-280 million, versus prior guidance of $274-278 million.

For earnings history and earnings-related data on Wix.com (WIX) click here.

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