From Investing.com: 2024-05-20 06:26:59

Wix.com (NASDAQ:) beats Q1 profit expectations with an EPS of $1.29, surpassing estimates by $0.26. Revenue also exceeds predictions at $419.8 million. Stock climbs 7% post earnings beat, reflecting investor confidence in sustained growth. Q2 revenue guidance between $431 million to $435 million, with FY 2024 revenues estimated between $1.738 billion to $1.761 billion. CEO cites growth strategy and product development for success, emphasizing commitment to market expansion and platform enhancement.



Read more at Investing.com: Wix.com Stock Gains on Higher Q1 Profit, Beats Estimates By Investing.com