Wix.com Announces Record Setting Second Quarter 2016 Results

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Go back to Wix.com Announces Record Setting Second Quarter 2016 Results

Wix.com (WIX) PT Raised to $45 at RBC Capital

July 27, 2016 1:29 PM EDT

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and lifted its price target on Wix.com (NASDAQ: WIX) to $45.00 (from $35.00) following 'beat and raise' Q2.

The Quarter Keys 1) Collections Growth Accelerating Inflecting up to 44% Y/Y growth ex-FX vs. 39% in Q1, and... More

Wix.com (WIX) Tops Q2 EPS by 3c

July 27, 2016 8:53 AM EDT

Wix.com (NASDAQ: WIX) reported Q2 EPS of ($0.09), $0.03 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $68.73 million versus the consensus estimate of $66.73 million.

Added a record 183,000 net premium subscriptions in the period to reach 2.12 million as... More