UPDATE: Wix.com (WIX) Posts Q1 Loss of 30c/Share; Boosts FY14 Revs Outlook
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Wix.com (NASDAQ: WIX) reported Q1 EPS of ($0.30), $0.06 better than the analyst estimate of ($0.36). Revenue for the quarter came in at $28.8 million versus the consensus estimate of $26.92 million.
Wix.com sees Q2 2014 revenue of $31 - $32 million, versus the consensus of $30.7 million. Collections are expected to be in the range of $38 million to $39 million, representing year-over-year growth of 71% to 75%.
Wix.com sees FY2014 revenue of $130 - $133 million, versus the consensus of $129.1 million. Collections are now expected to be in the range of $155 million to $160 million, representing year-over-year growth of 57% to 62%.
For earnings history and earnings-related data on Wix.com (WIX) click here.
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