Workflow
WIX Q3 Earnings Beat Estimates on Higher Revenues, Shares Jump
WIXWix(WIX) ZACKS·2024-11-20 15:45

Wix.com Ltd (WIX) reported non-GAAP earnings per share (EPS) of 1.50forthird−quarter2024,exceedingtheZacksConsensusEstimateof1.50 for third-quarter 2024, exceeding the Zacks Consensus Estimate of 1.44. The company had reported EPS of 1.10intheyear−agoquarter.Stayup−to−datewithallquarterlyreleases:SeeZacksEarningsCalendar.Totalrevenuesincreased131.10 in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Total revenues increased 13% year over year to 444.7 million and beat the Zacks Consensus Estimate of $443.6 million.At the end of Sept. 30, 2024, registered users were 278 million.In response to the results, WIX’s shares went up 14. ...