Wix Reports Second Quarter 2023 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Wix.com (WIX) raises full-year revenue guidance after positive H1
August 3, 2023 9:41 AM EDTWix.com (NASDAQ: WIX) is rallying in early Thursday trading after topping second-quarter consensus expectations.
The company, which provides website development services, reported earnings of $1.26, $0.69 better than the analyst estimate of $0.57, while revenue for the quarter came in at $389.98 million versus the consensus estimate of $382.6 million. Total bookings in the quarter were $398.5 million, up 12% year-over-year.
At the time of writing, Wix shares are up more than 8% at $95.77 per... More
