💨 Abstract

Wix.com reported a 1st-quarter profit of $33.8M, or $1.55 per share (adjusted), which fell short of analyst estimates of $1.66. Revenue, however, exceeded expectations at $473.7M. For the current quarter, the company projects revenue between $485M - 489M and anticipates full-year revenue of $1.97B - 2B.

Courtesy: WTOP Staff