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Stock impact report

Wix.com (WIX) Up 3% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]

Wix.com Ltd. - Ordinary Shares (WIX) 
Last wix.com ltd. - ordinary shares earnings: 2/20 01:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Wix.com due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. WIX Q4 Earnings & Revenues Beat Estimates Wix.com non-GAAP diluted earnings per share (EPS) of $1.22 for fourth-quarter 2023, exceeding the Zacks Consensus Estimate of 98 cents. The company had reported EPS of 61 cents in the year-ago quarter. Total revenues increased 14% year over year to $403.8 million and beat the Zacks Consensus Estimate of $402.6 million. At the end of Dec 31, 2023, registered users were 263 million. Quarter in Detail Creative Subscriptions' revenues (73.3% of total revenues) increased 12% year over year to $296.2 million. Business Solutions' revenues (26.7% of total revenues) rose 20% to $107.6 million. In fourth-quarter 2023, Creative Subscriptio Show less Read more
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