— 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.
— 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.
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
