Wix.com (NASDAQ: WIX) reported Q2 EPS of $0.29, $0.14 better than the analyst estimate of $0.15. Revenue for the quarter came in at $146.1 million versus the consensus estimate of $144.75 million.

"Our strong second quarter results demonstrate our continued ability to provide users of all kinds who come to Wix with a complete product platform so they can create their dreams online," said Avishai Abrahami, Co-founder and CEO of Wix. "During the second half of the year, we plan to increase penetration of our existing markets and make progress in realizing the benefits of a larger market opportunity as we gain momentum in new products, including ADI in additional languages, Wix Answers and Wix Code."

Lior Shemesh, CFO of Wix, added, "Our results in the second quarter highlighted again our combination of strong revenue and collections growth and increasing free cash flow. We also successfully raised $443 million in convertible notes with a 0% coupon. This capital raise bolsters our balance sheet and provides us with additional financial flexibility."

GUIDANCE:

Wix.com sees Q3 2018 revenue of $152-153 million, versus the consensus of $152.4 million.

Wix.com sees FY2018 revenue of $597-599 million, versus prior of $594-$597 million and the consensus of $596.7 million.

For earnings history and earnings-related data on Wix.com (WIX) click here.