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1 Forgotten Internet Stock Darling Rebounded 60% in 2023 -- Is It Too Late to Buy for 2024?
The Motley Fool· 2023-12-25 07:20
We've come a long way from 2020 and 2021 when digital economy stocks were soaring to impossible heights. Some of these stocks have ceased to exist. Others have fallen hard as the economy has reopened and rebuilt from the worst effects of the pandemic. And some forgotten companies are quietly making comebacks.I almost forgot I had left shares of Wix.com (WIX 1.20%) in my portfolio, and I'm glad I did. The former website building and internet stock darling rebounded some 60% in 2023. Though the stock price do ...
Strong Margins, AI Tools Make Wix a Compelling Pick
GuruFocus· 2023-12-21 16:59
With interest rates rising, it has become increasingly difficult for tech companies to grow using the growth-at-all-cost model. Investors are being very picky with the companies they invest in while punishing companies that show no discipline in their expenses. Over the past months, companies have learned to pivot to newer cost models to survive in high-rate environments by reigning in their expenses while growing their businesses. Wix.com Ltd. (WIX, Financial) is one such company that has very quickly adap ...
Wix(WIX) - 2023 Q3 - Earnings Call Transcript
2023-11-09 16:28
Wix.com Ltd. (NASDAQ:WIX) Q3 2023 Earnings Call Transcript November 9, 2023 8:30 AM ET Company Participants Emily Liu - IR Avishai Abrahami - CEO & Co-Founder Nir Zohar - President & COO Lior Shemesh - CFO Conference Call Participants Trevor Young - Barclays Ygal Arounian - Citi Andrew Boone - JMP Securities Chris Zhang - UBS Bernie McTernan - Needham and Company Ken Wong - Oppenheimer & Company Mark Zgutowicz - Benchmark Company Operator Good day, and thank you for standing by. Welcome to the Wix Q3 2023 C ...
Wix(WIX) - 2023 Q3 - Quarterly Report
2023-11-08 16:00
Exhibit 99.1 Wix Reports Third Quarter 2023 Results NEW YORK, November 9, 2023 -- Wix.com Ltd. (Nasdaq: WIX), the leading SaaS website builder platform globally , today reported financial results for the third quarter of 2023. In addition, the Company provided its outlook for the fourth quarter and raised its outlook for full year 2023. Please visit the Wix Investor Relations website at https://investors.wix.com/ to view the Q3'23 Shareholder Update and other materials. 3 "Wix's performance in the third qua ...
Wix(WIX) - 2023 Q2 - Earnings Call Transcript
2023-08-03 17:10
Avishai Abrahami - Chief Executive Officer and Co-Founder Ken Wong - Oppenheimer & Co Good day and thank you for standing by. Welcome to the Wix Q2 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded. With that, I'll turn the call over to Avishai. Corporate Participants Conference Call Participants Chris Zhang ...
Wix(WIX) - 2023 Q2 - Quarterly Report
2023-08-02 16:00
Exhibit 99.1 Wix Reports Second Quarter 2023 Results NEW YORK, August 3rd, 2023 -- Wix.com Ltd. (Nasdaq: WIX) today reported financial results for the second quarter of 2023. In addition, the Company provided its outlook for the third quarter and updated outlook for full year 2023. Please visit the Wix Investor Relations website at https://investors.wix.com/ to view the Q2'23 Shareholder Update and other materials. "It has been an incredible past six months at Wix on many fronts as we generated accelerating ...
Wix(WIX) - 2023 Q1 - Earnings Call Presentation
2023-05-17 15:22
Color IMAGE COLORS Company Overview First Quarter 2023 // not + Edit Grid Choose a layout WiX 8 10 100 Safe Harbor . Non-GAAP Financial Measures and Key Operating Metrics To supplement its consolidated financial statements, which are prepared and presented in accordance with U.S. GAAP, Wix uses the following non-GAAP financial measures: bookings, cumulative cohort bookings, bookings on a constant currency basis, revenue on a constant currency basis, non-GAAP gross margin, non-GAAP operating income (loss), n ...
Wix(WIX) - 2023 Q1 - Earnings Call Transcript
2023-05-17 15:21
Wix.com Ltd. (NASDAQ:WIX) Q1 2023 Earnings Conference Call May 17, 2023 8:30 AM ET Company Participants Rona Davis - Head PR & Communications Avishai Abrahami - Chief Executive Officer and Co-Founder Nir Zohar - President and Chief Operating Officer Lior Shemesh - Chief Financial Officer Conference Call Participants Ygal Arounian - Citigroup Aaron Kessler - Raymond James Mark Mahaney - Evercore ISI Elizabeth Porter - Morgan Stanley Clarke Jeffries - Piper Sandler Trevor Young - Barclays Brent Thill - Jeffer ...
Wix(WIX) - 2023 Q1 - Quarterly Report
2023-05-16 16:00
Exhibit 99.1 Wix Reports First Quarter 2023 Results NEW YORK, May 17, 2023 -- Wix.com Ltd. (Nasdaq: WIX) today reported financial results for the first quarter of 2023. In addition, the Company provided outlook for the second quarter and updated outlook for full year 2023. Please visit the Wix Investor Relations website at https://investors.wix.com/ to view the Q1'23 Shareholder Update and other materials. "Wix was founded over 15 years ago to bring simplicity to people who wanted to use the internet and we ...
Wix(WIX) - 2022 Q4 - Annual Report
2023-03-29 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commissi ...