Why Are Wix (WIX) Shares Soaring Today [Yahoo! Finance]
Monster Beverage Corporation (MNST)
Last monster beverage corporation earnings: 2/27 04:05 pm
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US:NASDAQ Investor Relations:
investors.monsterbevcorp.com/events.cfm
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Source: Yahoo! Finance
While revenue was in line with analysts' expectations, its EPS and adjusted operating income beat Wall Street's estimates. The top line was driven by accelerating growth in Wix's Self Creators and Partners businesses, including a 30% surge in Partners revenue due to increased adoption of its Studio platform. The company also highlighted the AI Website Builder, which boosted conversion rates. The planned monetization of new AI tools also strengthened the growth narrative. Looking ahead, Wix provided revenue guidance for the next quarter that slightly topped analysts' expectations. Zooming out, we think this was a decent quarter featuring some areas of strength. Is now the time to buy Wix? Access our full analysis report here, it's free Wix's shares are not very volatile and have only had 7 moves greater than 5% over the last year. Moves this big are rare for Wix and indicate this news significantly impacted the market's perception of the business. The biggest move we wrote about
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MNST
Earnings
- 11/7/24 - Miss
MNST
Sec Filings
- 11/15/24 - Form SCHEDULE
- 11/14/24 - Form 4
- 11/12/24 - Form 144
- MNST's page on the SEC website