Wix Slumps 30% after Q1 Results Miss Estimates

Shares of Wix.com (WIX) slumped about 30% on Wednesday after first quarter results missed analysts' estimates. Q1 Metrics The Israel-based web development company's first quarter non-GAAP EPS slumped about 56% year-over-year to $0.68, while revenue jumped 14% year-over-yea

Shares of Wix.com (WIX) slumped about 30% on Wednesday after first quarter results missed analysts’ estimates.

Q1 Metrics The Israel-based web development company’s first quarter non-GAAP EPS slumped about 56% year-over-year to $0.68, while revenue jumped 14% year-over-year to $541.2M

However, both top and

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