Wix.com Reports Second Quarter 2015 Results

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Go back to Wix.com Reports Second Quarter 2015 Results

Wix.com (WIX) PT Raised at RBC Capital Following Q2

August 5, 2015 3:53 PM EDT

RBC Capital analyst Mark Mahaney is raising his price target on Outperform-rated Wix.com (NASDAQ: WIX) to $30.00 (from $26.00) Q2 results that were in-line with the Street on the top-line but beat on EBITDA. Meanwhile, the outlook largely brackets Consensus.

Keys to the quarter, according to Mahaney: 1) Collections Grew 55% Y/Y ex-FX a 4 pt decel vs. Q1, on a 12pt easier comp translation: WIX is beginning to see some slowdown in its key top-line metric, tho growth rates remain intrinsically robust.... More

Wix.com (WIX) Reports In-Line Q2 EPS

August 5, 2015 7:33 AM EDT

Wix.com (NASDAQ: WIX) reported Q2 EPS of ($0.21), in-line with the analyst estimate of ($0.21). Revenue for the quarter came in at $48.6 million versus the consensus estimate of $48.56 million.

Wix.com sees Q315 revenue of $52-$53 million, versus the consensus of $52.6... More