WIX Q3 Earnings Beat Estimates on Higher Revenues, Shares Jump [Yahoo! Finance]
Wix.com Ltd. - Ordinary Shares (WIX)
Last wix.com ltd. - ordinary shares earnings: 2/20 01:00 am
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US:NASDAQ Investor Relations:
investors.wix.com/investor-relations/overview/default.aspx
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Source: Yahoo! Finance
The company had reported EPS of $1.10 in the year-ago quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Total revenues increased 13% year over year to $444.7 million and beat the Zacks Consensus Estimate of $443.6 million. At the end of Sept. 30, 2024, registered users were 278 million. In response to the results, WIX's shares went up 14.4% in pre-market trading on Nov. 20. WIX's shares have gained 87.2% compared with the industry's growth of 21.3% in the past year. Image Source: Zacks Investment Research Creative Subscriptions ' revenues (71.7% of total revenues) increased 10% year over year to $318.8 million. Business Solutions ' revenues (28.3% of total revenues) rose 22% to $125.8 million. In the third quarter, Creative Subscriptions annualized recurring revenues were $1.31 billion, up 11% year over year. Wix.com Ltd. price-consensus-eps-surprise-chart | Wix.com Ltd. Quote Bookings of $449.8 million improved 16% year over year. Cr
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WIX
News
- Wix.com Ltd. (NASDAQ: WIX) had its price target raised by analysts at B. Riley from $190.00 to $220.00. They now have a "buy" rating on the stock.MarketBeat
- Wix.com Ltd. (NASDAQ: WIX) had its price target raised by analysts at Benchmark Co. from $225.00 to $250.00. They now have a "buy" rating on the stock.MarketBeat
- Wix.com Ltd. (NASDAQ: WIX) had its price target raised by analysts at Royal Bank of Canada from $190.00 to $245.00. They now have an "outperform" rating on the stock.MarketBeat
- Wix.com Ltd. (NASDAQ: WIX) had its price target raised by analysts at Cantor Fitzgerald from $200.00 to $240.00. They now have an "overweight" rating on the stock.MarketBeat
- Wix.com Ltd. (NASDAQ: WIX) had its price target raised by analysts at Piper Sandler from $200.00 to $249.00. They now have an "overweight" rating on the stock.MarketBeat
WIX
Earnings
- 11/20/24 - Miss
WIX
Sec Filings
- 11/21/24 - Form 144
- 11/21/24 - Form 144
- 11/21/24 - Form 144
- WIX's page on the SEC website