Wix.Com Ltd earnings beat by $0.77, revenue topped estimates

Investing.com – Wix.Com Ltd (NASDAQ: ) reported first quarter EPS of $0.91, $0.77 better than the analyst estimate of $0.14. Revenue for the quarter came in at $374.07M versus the consensus estimate of $369.36M.

Guidance

Wix.Com Ltd sees Q2 2023 revenue of $380.00M-$385.00M versus the analyst consensus of $377.60M.

Wix.Com Ltd sees FY 2023 revenue of $1.52B-$1.54B versus the analyst consensus of $1.52B.

Wix.Com Ltd’s stock price closed at $81.45. It is down -4.63% in the last 3 months and up 29.70% in the last 12 months.

Wix.Com Ltd saw 6 positive EPS revisions and 0 negative EPS revisions in the last 90 days. See Wix.Com Ltd’s stock price’s past reactions to earnings here.

According to InvestingPro, Wix.Com Ltd’s Financial Health score is “weak performance”.

Check out Wix.Com Ltd’s , and Wix.Com Ltd’s financials here.

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