Website creator Wix.com tops Q2 estimates, sees strong second half
Wix.com beat second-quarter net profit expectations on Wednesday boosted by price hikes and its artificial intelligence (AI) and Studio products for designing advanced websites.
The Israeli company posted earnings of $1.67 per diluted share, excluding one-time items, up from $1.26 cents per share a year earlier. Revenue for the April-June quarter grew 12% to $436 million.
