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Wix.com Q2 2023 Earnings Report

Wix.com logo
$221.37 +3.94 (+1.81%)
(As of 12/20/2024 05:40 PM ET)

Wix.com EPS Results

Actual EPS
$1.26
Consensus EPS
$0.54
Beat/Miss
Beat by +$0.72
One Year Ago EPS
-$0.94

Wix.com Revenue Results

Actual Revenue
$390.00 million
Expected Revenue
$384.55 million
Beat/Miss
Beat by +$5.45 million
YoY Revenue Growth
+13.00%

Wix.com Announcement Details

Quarter
Q2 2023
Time
Before Market Opens

Conference Call Resources

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Wix.com Earnings Headlines

Wix.com: Full Steam Ahead
Wix.com (WIX) Down 0.8% Since Last Earnings Report: Can It Rebound?
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About Wix.com

Wix.com (NASDAQ:WIX), together with its subsidiaries, operates as a cloud-based web development platform for registered users and creators worldwide. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; and Wix ADI that enables users to have the freedom of customization that the classic editor offers. It also provides Wix Logo Maker that generates a logo, including through the use of artificial intelligence; Wix Answers to support users; and Payments by Wix, a payment platform, which helps its users receive payments from their customers through their Wix Website. In addition, the company offers various vertical-specific applications that business owners use to operate various aspects of their business online. Further, it provides a range of complementary services, including Wix App Market, a marketplace that offers its registered users various free and paid web applications for building, growing, and managing their businesses; Wix marketplace that brings users seeking help in creating and managing a website together with Web experts; and Wix owner App, a native mobile application, which enables users to manage their Websites and Wix operating systems. The company was formerly known as Wixpress Ltd. The company was incorporated in 2006 and is headquartered in Tel Aviv, Israel.

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