Wix Reports Second Quarter 2023 Results

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Go back to Wix Reports Second Quarter 2023 Results

Wix.com (WIX) raises full-year revenue guidance after positive H1

August 3, 2023 9:41 AM EDT

Wix.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