(Updates with recent stock movement in headline and first paragraph.)
Wix (WIX) shares were up 18% in afternoon trading on Tuesday after the company posted better-than-expected Q2 earnings and revenue.
The company reported Q2 non-GAAP earnings of $1.39 per diluted share, down from $2.28 a year earlier.
Analysts polled by FactSet expected $1.13.
Revenue for the quarter ended June 30 was $563.1 million, up from $489.9 million a year earlier.
Analysts polled by FactSet expected $552.6 million.
The company expects year-over-year revenue growth in the low-double-digits percentage for Q3 and maintained its prior guidance, targeting revenue growth at the low- to mid-teens percentage for full-year 2026.
Price: $67.57, Change: $+10.73, Percent Change: +18.87%