UPDATE 1-Israel's Wix.com Q4 profit up, sees 25 revenue growth in 2019 [Reuters]
Wix.com Ltd. - Ordinary Shares (WIX)
Last wix.com ltd. - ordinary shares earnings: 2/20 01:00 am
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Source: Reuters
Israel's Wix.com fourth-quarter profit up, sees 25 revenue growth in 2019 | Reuters 2 Min Read TEL AVIV (Reuters) - Wix.com, which helps small businesses build and operate websites, posted higher-than-expected fourth-quarter profit and forecast a 25 percent rise in revenue in 2019. It reported on Wednesday a net profit of 42 cents per share excluding one-time items, up from 16 cents a year earlier. Revenue grew 39 percent to $164 million. Analysts had forecast adjusted profit of 33 cents a share on revenue of $162 million, I/B/E/S data from Refinitiv showed. Israel-based Wix offers free basic features for setting up websites but users must pay for extra services such as shopping carts, individual web addresses and site traffic analysis. The company has 142 million registered users. During the quarter it added 147,000 paid users to reach 4 million premium customers, up 24 percent from the end of 2017. Wix projects 2019 revenue of $755-$761 million, up 25-26 percent from 2018. Analysts
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News
- Wix Studio Expands Growth Opportunity for Partners to Sell Website Templates and Monetize their Creations [Yahoo! Finance]Yahoo! Finance
- Wix Studio Expands Growth Opportunity for Partners to Sell Website Templates and Monetize their CreationsPR Newswire
- Wix.com Ltd. (NASDAQ: WIX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- WIX Introduces New Online Donations Collection Platform [Yahoo! Finance]Yahoo! Finance
- Wix Launches Wix Donations, an All-In-One Donations Collection Platform [Yahoo! Finance]Yahoo! Finance
WIX
Earnings
- 2/21/24 - Beat
WIX
Sec Filings
- 3/22/24 - Form 20-F
- 3/18/24 - Form 6-K
- 2/27/24 - Form 144
- WIX's page on the SEC website