Wix.com Reports Third Quarter 2015 Results

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Go back to Wix.com Reports Third Quarter 2015 Results

Record new Users and Conversions Contribute to Wix.com (WIX) Revenue Beat; RBC Capital Reiterates Outperform

November 4, 2015 3:09 PM EST

RBC Capital reiterated an Outperform rating on Wix.com (NASDAQ: WIX), and raised the price target to $36.00 (from $30.00), following the company's 3Q earnings report. Revenue of $53.6MM came in ahead of the Street's estimate of $52.6MM and guidance. Record new Users and Conversions,... More

Wix.com (WIX) Reported Record Net New Subscribers; Needham & Company Reiterates Buy

November 4, 2015 2:24 PM EST

Needham & Company reiterated a Buy rating and $30.00 price target on Wix.com (NASDAQ: WIX) following the company's 3Q earnings report. Wix reported a record 140K net new subscribers in Q3, which were driven by higher conversions and higher priced annual packages as a result... More