Wix Reports Strong Third Quarter 2016 Results, Exceeding Expectations Leading to Significant Increase in Full Year Outlook
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RBC Capital Raises Price Target on Wix.com (WIX) Following the Company's 3Q Beat
November 11, 2016 1:59 PM ESTRBC Capital reiterated a Sector Perform rating on Wix.com (NASDAQ: WIX), and raised the price target to $52.00 (from $45.00), following the company's 3Q earnings report. Revenue of $75.6MM beat Street estimates of $72.8MM and guidance. EBITDA of $11.4MM also came in materially... More
Wix.com (WIX) Tops Q3 EPS by 2c; Boosts FY16 Revenue Outlook
November 10, 2016 7:58 AM ESTWix.com (NASDAQ: WIX) reported Q3 EPS of ($0.04), $0.02 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $75.6 million versus the consensus estimate of $72.9 million.
GUIDANCE:
Wix.com sees Q4 2016 revenue of $81-82 million, versus the... More
