Wix.com: Q4 EPS Tops Estimates
Wix.com reported a strong earnings beat for the fourth quarter of 2024, despite narrowly missing revenue expectations.
Cloud-based web development platform specialist Wix.com (NASDAQ:WIX) reported mixed fourth-quarter 2024 earnings on Wednesday, Feb. 19. Adjusted EPS of $1.93 easily beat the consensus analyst estimate of $1.59, but Q4 revenue of $460.5 million fell just shy of the $461 million forecast.
Overall, the quarterly performance was strong, with the company showcasing a robust 14% year-over-year jump in revenue.
Source: Wix.com. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.
