Record new Users and Conversions Contribute to Wix.com (WIX) Revenue Beat; RBC Capital Reiterates Outperform

Go back to Record new Users and Conversions Contribute to Wix.com (WIX) Revenue Beat; RBC Capital Reiterates Outperform

Wix.com (WIX) Reported Record Net New Subscribers; Needham & Company Reiterates Buy

November 4, 2015 2:24 PM EST

Needham & Company reiterated a Buy rating and $30.00 price target on Wix.com (NASDAQ: WIX) following the company's 3Q earnings report. Wix reported a record 140K net new subscribers in Q3, which were driven by higher conversions and higher priced annual packages as a result... More

Wix.com (WIX) Tops Q3 EPS by 2c; Boosts Fy15 Revenue Outlook

November 4, 2015 8:40 AM EST

Wix.com (NASDAQ: WIX) reported Q3 EPS of ($0.15), $0.02 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $53.6 million versus the consensus estimate of $52.61 million.

Wix.com sees Q4 2015 revenue of $55-56 million, versus the consensus of $56.8... More

Trading Radar 11/4: Facebook (FB), Qualcomm (QCOM), MetLife (MET), Time Warner (TWX), Michael Kors (KORS) Report

November 3, 2015 2:45 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

8:15am EDT

ADP Employment Change - Street sees 180k

8:30am EDT

Trade Balance - Street sees ($43.0B)

Earnings:

02micro (Nasdaq: OIIM) - consensus loss $0.08
3D Systems (NYSE: DDD) - consensus EPS $0.08
Abraxas Petroleum (Nasdaq: AXAS) - consensus loss... More

FBR Comments on Impact of Constant Contact/Endurance Deal in SMB Space (CTCT) (EIGI) (WWWW) (WIX)

November 2, 2015 2:42 PM EST

FBR & Co. is out with commentary on the Constant Contact (Nasdaq: CTCT) and Endurance International (Nasdaq: EIGI) deal, which was announced ahead of the opening bell Monday.

Analyst Samad Samana commented, We believe this deal has several implications for the SMB web presence and online marketing space and will impact companies we cover -- Web.com (Nasdaq:... More