Wix.com (WIX) Beats Q2 Earnings and Revenue Estimates

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 ...