Wix.com (WIX) Misses Q3 EPS by 12c, Sales Beat

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Wix Reports Strong Third Quarter 2017 Results Above Expectations; Record Level of Conversion Driven by Product Enhancements

November 8, 2017 1:00 AM EST

NEW YORK, Nov. 8, 2017 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), a leading cloud-based web development platform, today reported financial results for the third quarter ended September 30, 2017, which exceeded the high end of guidance. Wix also increased its outlook for the full year 2017 following these strong results.

"New product releases and continued improvements to existing products drove increases in conversion to the highest levels ever, leading to strong results this quarter," said Avishai Abrahami, Co-founder and CEO of Wix.... More