Wix.com (NASDAQ: WIX) reported Q2 EPS of ($0.27), $0.04 better than the analyst estimate of ($0.31). Revenue for the quarter came in at $33.9 million versus the consensus estimate of $31.83 million.

"We realized two major milestones during the period as we surpassed 50 million registered users and one million premium subscriptions," said Avishai Abrahami, CEO and Co-Founder of Wix. "Our exceptional growth is a direct result of our constant expansion of offerings on the Wix platform. By developing more products and solutions that cater to the needs of our users, we are providing them with the technology to easily build a professional-looking website as well as with business management capabilities that deliver a complete solution for their digital presence beyond website creation."

"At the core of the Wix platform are powerful products that serve the needs of millions of businesses across a wide variety of verticals. The new WixShoutOut product is a classic example where we simplify the communication flow between site owners and their audience. We are also applying our understanding of our users' businesses to further enhance Wix's product offerings by developing tailored solutions for specific vertical markets, the first of which, WixHotels, is being launched today," Abrahami added.

The Company is also announcing improved guidance on collections, revenue and new adjusted EBITDA. "The value of our products and technology to millions of users worldwide is reflected in our financial performance this quarter. We continue to see strong growth in our collections and revenue, and as a result we are happy to increase our outlook for the full year on the top line and for new adjusted EBITDA," (as further explained below), said Lior Shemesh, CFO.

Wix.com sees Q3 2014 revenue of $35 - $36 million, versus the consensus of $34.6 million.

Wix.com sees FY2014 revenue of $136 - $138 million, versus the consensus of $132.8 million.

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