Why Wix.com Stock Jumped to a 3-Year High Today [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
As of 10:50 a.m. ET, Wix stock was up nearly 14% and topped $200 per share for the first time since late 2021. In Q3, Wix generated more revenue than analysts had expected as well as higher profits. It turns out that the company's generative artificial intelligence (AI) is helping onboard more customers to create websites and adopt other software products. Are You Missing The Morning Scoop? Breakfast News delivers it all in a quick, Foolish, and free daily newsletter. Sign Up For Free » With adoption of its products rising, Wix's management took the opportunity to raise its full-year guidance for multiple metrics after just raising them in the previous quarter. The company previously expected full-year revenue growth of 13% to 14% but now expects 14% to 15% growth. And it also expects a free-cash-flow margin of 27% to 28%, up from its previous guidance of a 26% to 27% margin. In short, it was what investors call a "beat-and-raise" quarter for Wix. And when this happens, stocks
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News
- Wix.com (WIX) Down 0.8% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]Yahoo! Finance
- Wix Unveils AI Site-Chat to Transform Online Customer Engagement [Yahoo! Finance]Yahoo! Finance
- While shareholders of Wix.com (NASDAQ:WIX) are in the black over 1 year, those who bought a week ago aren't so fortunate [Yahoo! Finance]Yahoo! Finance
- Investors Heavily Search Wix.com Ltd. (WIX): Here is What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Wix Releases AI Feature for Businesses to Engage with their Customers Online [Yahoo! Finance]Yahoo! Finance
WIX
Earnings
- 11/20/24 - Miss
WIX
Sec Filings
- 12/9/24 - Form 144
- 12/9/24 - Form 144
- 12/6/24 - Form 144
- WIX's page on the SEC website