Users retain complete ownership of their apps, allowing them to personalize their branding on platforms such as the App Store and Google Play. From designing app icons to personalizing layouts and other functionalities, it also allows users to get a quick preview of the app on their mobile device before making it available on the App Store and Google Play. This comprehensive support system ensures that users can focus on optimizing their native mobile app experience and effectively manage their businesses. ...

NEW YORK, June 4, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global, digital presence1, today issued its annual Environmental, Social, and Governance (ESG) Report. This report dives into the company's corporate responsibility efforts to deliver on its mission for its users, people, company, and the environment for 2023. The report highlights Wix's company values and strategic initiatives to support the company, users, and local co ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores ...

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? Although both Zacks Rank and ABR are displayed in a range of 1-5, they are different measures altogether. Check price target & stock forecast for Wix.com here>>> While the ABR calls for buying Wix.com, it may not be wise to make an ...

NEW YORK, May 28, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that it has completed $225 million in share repurchases, which were part of the authorization by its Board of Directors approved in August 2023. The Company repurchased 1,676,623 outstanding Wix ordinary shares, representing approximately 3% of total shares outstanding, at an approximate volume-weighted average price per share of $134.20. About Wix.com Ltd. Wix is the leading SaaS website builder platform globally1 to create, ...

Wix.com (WIX) is continuing its upward trajectory, with a gain of 123% in the past year compared with the S&P 500 Composite and sub-industry's growth of 28.6% and 46.3%, respectively. Headquartered in Tel Aviv, Israel, and founded in 2006, WIX is a cloud-based web development platform. It offers solutions that enable businesses, organizations, professionals and individuals to develop customized websites and application platforms and grow their online presence. Solid financial performance has been driving a ...

At the end of Mar 31, 2024, registered users were 268 million. Quarter in Detail Wix.com Ltd (WIX) reported non-GAAP diluted earnings per share (EPS) of $1.29 for first-quarter 2024, which exceeded the Zacks Consensus Estimate of $1.03.The company had reported EPS of 91 cents in the year- ago quarter. Total revenues increased 12% year over year to $419.8 million and beat the Zacks Consensus Estimate of $417.7 million. Creative Subscriptions' revenues (75.6% of total revenues) increased 9% year over year to ...

In the first quarter, much could be said about the top and bottom lines for Wix. But I think the real story here that's exciting investors is the company's free cash flow. This profit metric looks at how much cash the business brings in and subtracts out cash operating expenses and cash used for buying things such as buildings or equipment. So it can be a good indicator of a business' health. The company's cash flow is blowing past expectations. Wix kicked off 2024 with first-quarter free cash flow over $10 ...

Company Participants Conference Call Participants Operator I would now hand the conference over to your speaker host, Emily Liu of Investor Relations. Please go ahead. Thanks, and good morning, everyone. Welcome to Wix's first quarter 2024 earnings call. Joining me today to discuss the results are Avishai Abrahami, CEO and Co-Founder; Nir Zohar, our President and COO; and Lior Shemesh, our CFO. In addition, we will comment on non-GAAP financial results and key operating metrics. You can nd all reconciliatio ...

For the quarter ended March 2024, Wix.com (WIX) reported revenue of $419.78 million, up 12.2% over the same period last year. EPS came in at $1.29, compared to $0.91 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $417.71 million, representing a surprise of +0.50%. The company delivered an EPS surprise of +25.24%, with the consensus EPS estimate being $1.03. Here is how Wix.com performed in the just reported quarter in terms of the metrics most widely monitored and ...