Wix Reports Third Quarter 2019 Results

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Raymond James Reiterates Market Perform Rating on Wix.com (WIX) Following 3Q

November 15, 2019 7:33 AM EST

Raymond James analyst Aaron Kessler reiterated a Market Perform rating on Wix.com (NASDAQ: WIX) following the company's 3Q earnings report. Wix reported in line 3Q revenues and continued collections strength though lower than expected gross margins which led to lower gross profits and operating... More

Wix.com (WIX) Tops Q3 EPS by 8c, Offers Q4 Guidance

November 14, 2019 7:56 AM EST

Wix.com (NASDAQ: WIX) reported Q3 EPS of $0.41, $0.08 better than the analyst estimate of $0.33. Revenue for the quarter came in at $196.8 million versus the consensus estimate of $197.63 million.

GUIDANCE:

Wix.com sees Q4 2019 revenue of $204-206 million, versus the consensus of $207... More