Wix.com Q1 EPS Slides to $0.68, Misses by $0.53 and Revenue Trails
Wix.com reported Q1 EPS of $0.68, missing the $1.21 consensus by $0.53 and down from $1.55 a year earlier. Quarterly revenue also trailed consensus estimates.
1. Q1 Earnings Performance
Wix.com delivered Q1 EPS of $0.68, missing the $1.21 consensus and down from $1.55 a year earlier. The 56% year-over-year decline highlights significant deceleration in earnings growth.
2. Revenue Miss
Total Q1 revenue fell below analysts’ forecasts, with sales trailing consensus estimates. The simultaneous earnings and revenue shortfall may pressure the stock and lead investors to question growth assumptions.
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