Wix.com (WIX) PT Raised at RBC Capital Following Q2

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Go back to Wix.com (WIX) PT Raised at RBC Capital Following Q2

Wix.com Reports Second Quarter 2015 Results

August 5, 2015 1:00 AM EDT

-- Second quarter collections increased to $57.4 million, a 44% increase year-over-year and to $61.7 million, a 55% increase on a constant currency basis --

-- Second quarter revenues increased to $48.6 million, a 43% increase year-over-year --

-- Positive adjusted EBITDA of $3.5 million, the Company's first profitable quarter in its history --

-- Added 132,000 net premium subscriptions for a total of over 1.5 million --

TEL AVIV, Israel, Aug. 5, 2015 (GLOBE NEWSWIRE)... More