Latest news with #DIYwebdesign
Globe and Mail
06-08-2025
- Business
- Globe and Mail
Why Wix.com Stock Edged Higher Today
Key Points The DIY web design specialist posted double-digit growth rates in key second-quarter fundamentals. It raised its full-year revenue guidance on this momentum, but only slightly. 10 stocks we like better than › (NASDAQ: WIX) saw its stock close Wednesday barely in positive territory, as the market digested the DIY website company's latest quarterly earnings report. Cautiously optimistic investors pushed the stock 0.3% higher, which wasn't quite enough to meet the 0.7% increase of the bellwether S&P 500 index on the day. Encouraging growth on the top and bottom lines In second quarter, the company's revenue grew by 12% year over year to just under $490 million. Of its two reporting segments, creative subscriptions, its foundational website design services, rose by nearly 11% to $345 million and change. The smaller business solutions segment, meanwhile, enjoyed 17% growth to more than $144 million. A more robust improvement was seen on the bottom line, with non-GAAP (adjusted) net income zooming 37% higher to $136 million. On a per-share basis, that shook out to $2.28 per share. Both figures comfortably topped the consensus analyst estimates. The average pundit projection for revenue was a bit north of $487 million, while that for adjusted, per-share profitability stood at only $1.75. In a letter to shareholders, attributed the increases largely to "Strong demand, combined with better conversion in core markets and steadily higher monetization." Only a slight change in guidance also made a slight adjustment to the lower end of its full-year revenue guidance range. It's now expecting the top line to come in at just under $1.98 billion to $2 billion for the year, which would represent growth of at least 12% over the 2024 result. Previously, it was modeling $1.97 billion to $2 billion. Should you invest $1,000 in right now? Before you buy stock in consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $619,036!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,092,648!* Now, it's worth noting Stock Advisor's total average return is 1,026% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025
Yahoo
06-08-2025
- Business
- Yahoo
Why Wix.com Stock Edged Higher Today
Key Points The DIY web design specialist posted double-digit growth rates in key second-quarter fundamentals. It raised its full-year revenue guidance on this momentum, but only slightly. 10 stocks we like better than › (NASDAQ: WIX) saw its stock close Wednesday barely in positive territory, as the market digested the DIY website company's latest quarterly earnings report. Cautiously optimistic investors pushed the stock 0.3% higher, which wasn't quite enough to meet the 0.7% increase of the bellwether S&P 500 index on the day. Encouraging growth on the top and bottom lines In second quarter, the company's revenue grew by 12% year over year to just under $490 million. Of its two reporting segments, creative subscriptions, its foundational website design services, rose by nearly 11% to $345 million and change. The smaller business solutions segment, meanwhile, enjoyed 17% growth to more than $144 million. A more robust improvement was seen on the bottom line, with non-GAAP (adjusted) net income zooming 37% higher to $136 million. On a per-share basis, that shook out to $2.28 per share. Both figures comfortably topped the consensus analyst estimates. The average pundit projection for revenue was a bit north of $487 million, while that for adjusted, per-share profitability stood at only $1.75. In a letter to shareholders, attributed the increases largely to "Strong demand, combined with better conversion in core markets and steadily higher monetization." Only a slight change in guidance also made a slight adjustment to the lower end of its full-year revenue guidance range. It's now expecting the top line to come in at just under $1.98 billion to $2 billion for the year, which would represent growth of at least 12% over the 2024 result. Previously, it was modeling $1.97 billion to $2 billion. Do the experts think is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,026% vs. just 180% for the S&P — that is beating the market by 846.25%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $619,036!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,092,648!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends The Motley Fool has a disclosure policy. Why Stock Edged Higher Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
