Wix.com Reports Third Quarter 2015 Results

Go back to Wix.com Reports Third Quarter 2015 Results

Record new Users and Conversions Contribute to Wix.com (WIX) Revenue Beat; RBC Capital Reiterates Outperform

November 4, 2015 3:09 PM EST

RBC Capital reiterated an Outperform rating on Wix.com (NASDAQ: WIX), and raised the price target to $36.00 (from $30.00), following the company's 3Q earnings report. Revenue of $53.6MM came in ahead of the Street's estimate of $52.6MM and guidance. Record new Users and Conversions,... More

Wix.com (WIX) Reported Record Net New Subscribers; Needham & Company Reiterates Buy

November 4, 2015 2:24 PM EST

Needham & Company reiterated a Buy rating and $30.00 price target on Wix.com (NASDAQ: WIX) following the company's 3Q earnings report. Wix reported a record 140K net new subscribers in Q3, which were driven by higher conversions and higher priced annual packages as a result... More

Wix.com (WIX) Tops Q3 EPS by 2c; Boosts Fy15 Revenue Outlook

November 4, 2015 8:40 AM EST

Wix.com (NASDAQ: WIX) reported Q3 EPS of ($0.15), $0.02 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $53.6 million versus the consensus estimate of $52.61 million.

Wix.com sees Q4 2015 revenue of $55-56 million, versus the consensus of $56.8... More