Wix.com Ltd (WIX) recently strengthened its partnership with payment solution provider Moneris Solutions Corporation ("Moneris") by introducing Moneris Total Commerce, a cutting-edge omnichannel point-of-sale solution. In May 2023, WIX and Canada-based Moneris partnered to launch Moneris Online, a comprehensive ecommerce solution that simplifies online sales. Building on the earlier collaboration's success, the Total Commerce solution aims to streamline operations and enhance customer experiences across bot ...

Website development platform Wix.com Ltd. NASDAQ: WIX helps consumers and businesses create and develop websites in minutes and enable eCommerce transactions. Domain registration was one of Wix's earliest services enabling customers to register and renew domain names as well as purchase them through the platform. Wix offers a customer relationship manager (CRM) program called Ascend, with features including lead management tools, email marketing, and automation. Its Logo Maker feature creates logos for a on ...

NickyLloyd/E+ via Getty Images Wix.com Ltd. (NASDAQ:WIX) operates as a website development platform for individuals and businesses through the Creative Subscriptions and Business Solutions segments, also bringing logo design services, a payment platform, and support software for websites among Wix's complementary offerings. The company reported its Q2 results on the 7th of August in pre-market hours, showing predicably continued growth and well-improving profitability along with a slight 2024 financial outl ...

Wix.com Ltd (WIX) reported non-GAAP diluted earnings per share (EPS) of $1.67 for second-quarter 2024, which exceeded the Zacks Consensus Estimate of $1.32. The company reported EPS of $1.26 in the year-ago quarter. Total revenues increased 12% year over year to $435.7 million and beat the Zacks Consensus Estimate of $433.6 million. At the end of Jun 30, 2024, registered users were 273 million. Quarter in Detail Creative Subscriptions' revenues (71.6% of total revenues) increased 9% year over year to $312.1 ...

Company Overview 1 Second Quarter 2024 WIX Safe Harbor Forward Looking Statements This document contains forward-looking statements, within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such forward-looking statements may include projections regarding our future performance, including, but not limited to revenue, bookings and free cash flow, and may be identified by words like "anticipate," "assume," "believe," "aim," ...

Wix.com Ltd. (NASDAQ:WIX) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Emily Liu - IR Avishai Abrahami - CEO & Co-Founder Nir Zohar - President & COO Lior Shemesh - CFO Conference Call Participants Ygal Arounian - Citigroup Andrew Boone - JMP Securities Elizabeth Porter - Morgan Stanley Jian Li - Evercore ISI John Byun - Jefferies Josh Beck - Raymond James Operator Good day, and thank you for standing by. Welcome to Wix Second Quarter 2024 Earnings Conference Call. At this ...

For the quarter ended June 2024, Wix.com (WIX) reported revenue of $435.75 million, up 11.7% over the same period last year. EPS came in at $1.67, compared to $1.26 in the year-ago quarter. The reported revenue represents a surprise of +0.49% over the Zacks Consensus Estimate of $433.61 million. With the consensus EPS estimate being $1.32, the EPS surprise was +26.52%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...

Wix.com (WIX) came out with quarterly earnings of $1.67 per share, beating the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $1.26 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 26.52%. A quarter ago, it was expected that this cloudbased web development company would post earnings of $1.03 per share when it actually produced earnings of $1.29, delivering a surprise of 25.24%. Over the last four qua ...

Accelerated bookings growth, driven by key product initiatives, and FCF margin expansion in Q2 builds momentum for 2H Meaningful bookings growth acceleration with total bookings of $458.4 million, up 15% y/y, as a result of strong Wix Studio uptake, benefits from growing AI capabilities and commerce platform expansion as well as positive response to the price increase implemented earlier this year Bookings growth accelerated across both Self Creators and Partners Continue to expect bookings growth accelerat ...

Analysts on Wall Street project that Wix.com (WIX) will announce quarterly earnings of $1.32 per share in its forthcoming report, representing an increase of 4.8% year over year. Revenues are projected to reach $433.61 million, increasing 11.2% from the same quarter last year. 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. Prior to a ...