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Wix.com Stock Soars 13.2% on Strong Q2 Earnings
Generated by AI AgentAinvest Pre-Market Radar
Wednesday, Aug 6, 2025 5:23 am ET1min read
Aime SummaryWix.com's stock surged 13.2% in pre-market trading on August 6, 2025, driven by strong financial performance and positive market sentiment.
Wix.com reported impressive second-quarter 2025 earnings, surpassing expectations with a profit increase from the previous year. The company's revenue grew by 12% year-over-year, reaching $489.9 million. This growth was supported by increased bookings and higher revenue, which contributed to the company's overall financial strength.
Analysts had projected Wix.com's earnings to be $1.75 per share for the quarter, indicating a year-over-year increase. The company's new cohort bookings also showed significant growth, further bolstering investor confidence. Wix.com's strong financial performance and positive outlook for the remainder of the year have contributed to the bullish sentiment surrounding the stock.
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