Categories Earnings, Technology

Wix.com (NASDAQ: WIX): Q3 2019 Earnings Snapshot

— Wix.com Ltd. (NASDAQ: WIX) reported its third-quarter 2019 adjusted earnings of $0.41 per share versus $0.33 per share expected.

— Revenue grew by 26% to $196.79 million versus $197.63 million expected. The top line was impacted by changes in foreign exchange rates and a change in revenue mix in the quarter.

Earnings Update by AlphaStreet

— Collections climbed by 26% to $205.86 million. The latest quarter was hurt by changes in FX rates.

— Net subscription additions of 114,000 bolster a solid base of over 4.4 million subscriptions, providing a source of sustainable and durable growth.

— Looking ahead into the fourth quarter, the company expects revenue to climb by 24-25% to the range of $204-206 million, and collections to jump by 26-28% to the range of $222-225 million.

— For fiscal 2019, revenue outlook is narrowed to the range of $761-763 million from the prior range of $761-765 million.

— Collections forecast for the full year is tightened to the range of $828-831 million from the previous range of $825-831 million.

— Free cash flow guidance is narrowed to the range of $124-126 million from the previous estimates of $123-126 million for the full year.

We’re on Flipboard! Follow us to receive the latest stock market, earnings, and financial news at your fingertips

Most Popular

Key metrics from Kroger’s (KR) Q3 2025 earnings results

The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical

Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights

Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or

HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results

Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top