Wix.Com Ltd (NASDAQ: WIX) reported first quarter earnings of $0.91 per share, which was $0.77 higher than the analyst estimate of $0.14. Revenue for the quarter came in at $374.07M, beating the consensus estimate of $369.36M. For the second quarter of 2023, Wix.Com Ltd expects revenue of $380.00M-$385.00M, compared to the analyst consensus of $377.60M. For the full year 2023, Wix.Com Ltd expects revenue of $1.52B-$1.54B, compared to the analyst consensus of $1.52B. The stock price closed at $81.45, down -4.63% in the last 3 months and up 29.70% in the last 12 months. According to InvestingPro, Wix.Com Ltd’s Financial Health score is “weak performance”. The company has seen 6 positive EPS revisions and 0 negative EPS revisions in the last 90 days. Investors can stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar.
Categories