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RBC Capital Raises Price Target on Wix.com (WIX) Following the Company's 3Q Beat

Go back to RBC Capital Raises Price Target on Wix.com (WIX) Following the Company's 3Q Beat

Wix Reports Strong Third Quarter 2016 Results, Exceeding Expectations Leading to Significant Increase in Full Year Outlook

November 10, 2016 1:00 AM EST

Exceeded High End of Guidance Range with Strong Top-Line Growth and Record Adjusted EBITDAGrew Premium Subscriptions 40% Year Over Year to 2.3 MillionAchieved Record Levels of Conversion and Collections per New SubscriptionRaised 2016 Outlook for All Key Metrics; Expect Collections Growth of 40% for Full Year 2016

NEW YORK, Nov. 10, 2016 (GLOBE NEWSWIRE) --... More