Wix.com Tops Q4 Street Views on EPS and Revenues

Wix.com, a software platform for small businesses, Wednesday reported Q4 earnings and revenues above Street views, and guided 2017 revenues higher than expected. Wix.com reported adjusted Q4 EPS of $0.06, three pennies better than average estimate compiled by Capital IQ, and above the $0.13 loss reported a year earlier.

The company reported Q4 revenues of $84.2 million, above the Street view of $81.7 million, and also above the $56.8 million reported a year earlier. In guidance, the company said it expects Q1 revenue of $89 million to $90 million, above the Street view of $85.0 million. For 2017, the company expects revenue of $409 to $411 million, above the Street view of $382.7 million.

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