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Summary Cloud software stocks have been hammered in the past few months. The WisdomTree Cloud Computing ETF is down 57% from its previous high, and almost 20% in the past month alone. As we wrap up earnings season, some trends have emerged. Many software stocks have hit tw...
Summary Wix has crashed 80% from all-time highs. Revenue growth has decelerated rapidly in 2022 which in turn led to extreme multiple compression. Management has guided for a robust recovery in growth rates over the next several years. The company has a net cash balance sh...
Wix to Participate in Fireside Chat at the Evercore ISI Annual Technology Conference PR Newswire NEW YORK , Aug. 24, 2022 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that management will participate in a fireside chat at the Evercore ...
Wix (NASDAQ: WIX) reported its second-quarter earnings earlier this month. The website-building platform beat analysts' estimates for revenue and earnings, sending the stock up in response to the news. Shares are now up almost 20% in the last month. However, the stock is still down ...
On August 15, institutional investment managers with more than $100 million AUM had to disclose their positions at the end of Q2 2022. I curated a list of some high-profile hedge funds and looked into their holdings at the end of June 2022. June was a temporary bottom in the marke...
Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron International Growth Fund (the “Fund”) declined 16.18% (Institutional Shares) during the second quart...
Image source: The Motley Fool. Wix.com (NASDAQ: WIX) Q2 2022 Earnings Call Aug 10, 2022 , 8:30 a.m. ET Operator Continue reading For further details see: Wix.com (WIX) Q2 2022 Earnings Call Transcript
Wix.com Ltd. (WIX) Q2 2022 Results Conference Call August 10, 2022 08:30 AM ET Company Participants Emily Liu - Investor Relations Analyst Avishai Abrahami - Chief Executive Officer and Co-Founder Nir Zohar - President & Chief Operating Officer Lior Sheme...
Shares of Wix.com (NASDAQ: WIX) , a website building platform, popped this morning after the company reported better-than-expected top- and bottom-line results. Investors have pushed the tech stock up by 7.4% as of 10:30 a.m. ET. Wix reported a non-GAAP (adjusted) lo...
Wix.com press release ( NASDAQ: WIX ): Q2 GAAP EPS of -$1.92 misses by $0.64 . Revenue of $345.2M (+9.4% Y/Y) beats by $0.87M . Total bookings of $354.6M, up 3% Y/Y, and $365.2M on a constant currency basis, up 7% Y/Y. Total non-GAAP gross margin in the sec...
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Wix to Announce Second Quarter 2024 Results on August 7, 2024 PR Newswire NEW YORK , July 17, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX ), today announced that it will report its results for the second quarter ended June 30, 2024 before t...
2024-07-15 12:50:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Wix Announces Board Authorization of $200 Million Share Repurchase Program PR Newswire NEW YORK , July 10, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX) ("Wix," the "Company," "we" or "our"), today announced that its Board of Directors (the "Board")...