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Wix.com (WIX) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-20 21:06
Wix.com (WIX) came out with quarterly earnings of $1.50 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.17%. A quarter ago, it was expected that this cloud-based web development company would post earnings of $1.32 per share when it actually produced earnings of $1.67, delivering a surprise of 26.52%.Over the last four quar ...
Wix Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-20 14:00
Strong performance of key product initiatives drove third consecutive quarter of bookings growth acceleration – now expect to exit 2024 with y/y bookings growth of 18% Continued meaningful growth acceleration with total bookings of $449.8 million in the quarter, up 16% y/y, driven by Studio momentum, AI benefits, robust commerce activity and healthy business fundamentalsStrengthening tailwinds from key AI innovations – notably, tests demonstrate a 13% conversion uplift in recent Self Creator cohort from AI- ...
Wix Studio Launches New Visual Sitemap and Wireframe Generator to Streamline Website Planning and Creation Process for Agencies
GlobeNewswire News Room· 2024-11-20 01:00
The new offering generates dynamic and custom visual sitemaps and wireframe options, providing more efficient ways for agencies to plan, structure, and build their websites NEW YORK – – Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, announced today the launch of its AI-powered visual sitemap and wireframe generator tool for Wix Studio. The new offering allows agencies and enterprises to accelerate site planning with a fully-native, AI-powered visual sitemap tool that can s ...
Stay Ahead of the Game With Wix.com (WIX) Q3 Earnings: Wall Street's Insights on Key Metrics
ZACKS· 2024-11-15 23:21
In its upcoming report, Wix.com (WIX) is predicted by Wall Street analysts to post quarterly earnings of $1.44 per share, reflecting an increase of 30.9% compared to the same period last year. Revenues are forecasted to be $443.27 million, representing a year-over-year increase of 12.6%.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.A ...
Wix Set to Report Q3 Earnings: Here's What Investors Should Know
ZACKS· 2024-11-15 23:10
Wix.com Ltd (WIX) is slated to report third-quarter 2024 results on Nov. 20.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company expects third-quarter revenues to be between $440 million and $445 million, implying 12-13% growth from the prior-year quarter's reported figure. The Zacks Consensus Estimate is pegged at $443.3 million, indicating an increase of 12.6% from a year ago.The Zacks Consensus Estimate for earnings is pegged at $1.44 per share, up 30.9% from the year-earl ...
SoDA and Wix Studio Present a Special Edition of The SoDA Report On: The Role of Storytelling in Creating Modern Web Experiences
GlobeNewswire News Room· 2024-11-15 22:00
The report highlights how agencies can embrace storytelling to showcase innovation, differentiate themselves, and integrate new technologies NEW YORK, November 14, 2024 – – Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, in collaboration with The Society of Digital Agencies (SoDA), a global network of digital agency founders, creative innovators and technology disruptors, today releases the latest edition of SoDA Report On series. This report delves into the evolving role o ...
Wall Street Analysts See Wix.com (WIX) as a Buy: Should You Invest?
ZACKS· 2024-11-12 23:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Wix.com (WIX) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Wix.com currently has an average brokerage r ...
Wix.com (WIX) Moves 6.5% Higher: Will This Strength Last?
ZACKS· 2024-11-12 17:01
Wix.com (WIX) shares rallied 6.5% in the last trading session to close at $183.64. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 2.9% gain over the past four weeks.The increase in share price can be attributed to strong topline performance. Higher adoption of the product portfolio, especially various artificial intelligence (AI) products and WIX Studio, has been driving the company’s performance. WIX is foc ...
Wix.com (WIX) Laps the Stock Market: Here's Why
ZACKS· 2024-11-06 07:51
文章核心观点 - Wix.com (WIX)股价在最近一个交易日上涨1.46%,超过了标普500指数1.23%的涨幅 [1] - Wix.com过去一个月股价上涨3.37%,超过了计算机和技术板块下跌0.04%和标普500下跌0.54%的表现 [1] - Wix.com预计将于2024年11月20日发布下一季度财报,预计每股收益将同比增长30.91%至1.44美元,收入将同比增长12.55%至4.43亿美元 [2] - 全年来看,Wix.com预计每股收益和收入将分别同比增长33.26%和12.37%至5.85美元和17.5亿美元 [3] - Wix.com当前市盈率为27.94倍,高于同行业平均水平27.21倍,PEG率为1.25倍,低于同行业平均2.79倍 [6] 行业分析 - Wix.com所属的计算机-IT服务行业目前在250多个行业中排名前15% [7] - 研究显示,排名前50%的行业其平均表现是排名后50%的2倍 [7]
Wix.com (WIX) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-10-31 06:56
Wix.com (WIX) closed at $167.88 in the latest trading session, marking a -1.01% move from the prior day. This move lagged the S&P 500's daily loss of 0.33%. At the same time, the Dow lost 0.22%, and the tech-heavy Nasdaq lost 0.56%.The cloud-based web development company's shares have seen an increase of 7.68% over the last month, surpassing the Computer and Technology sector's gain of 2.83% and the S&P 500's gain of 1.83%.Analysts and investors alike will be keeping a close eye on the performance of Wix.co ...