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0 0.00127950866867116 -0.00115155780180415 -0.00031987716716788 -0.000639754334335579 -0.0025590173373425 0.00121553323523765 -0.000127950866867188
Stock impact report

Wix.com (WIX) Down 2.5% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]

Wix.com Ltd. - Ordinary Shares (WIX) 
Last wix.com ltd. - ordinary shares earnings: 2/20 01:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Will the recent negative trend continue leading up to its next earnings release, or is Wix.com due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. WIX Q2 Earnings & Revenues Beat Estimates, Wix reported non-GAAP diluted earnings per share (EPS) of $1.67 for second-quarter 2024, which exceeded the Zacks Consensus Estimate of $1.32. The company reported EPS of $1.26 in the year-ago quarter. Total revenues increased 12% year over year to $435.7 million and beat the Zacks Consensus Estimate of $433.6 million. At the end of June 30, 2024, registered users were 273 million. Quarter in Detail Creative Subscriptions' revenues (71.6% of total revenues) increased 9% year over year to $312.1 million. Business Solutions' revenues (28.4% of total revenues) rose 20% to $123.6 million. In the second quarter, Creative Subscriptio Show less Read more
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