BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Wix.com Stock Edges Higher on Strong Q2 Earnings Performance
Wix.com Stock Edges Higher on Strong Q2 Earnings Performance
18
1
BTCCSquare news:
Wix.com (WIX 0.34%) closed marginally higher after reporting solid second-quarter results. Revenue grew 12% year-over-year to $490 million, with creative subscriptions rising 11% and business solutions climbing 17%. Adjusted net income surged 37% to $136 million, beating analyst estimates.
The company cited strong demand and improved monetization for the outperformance. While guidance saw only minor adjustments, the market responded cautiously—shares gained 0.3%, trailing the broader index's 0.7% rise.
By:
