Summary Wix shares have been relatively flat for at least the last 6 months with minimal appreciation. The company reported strong operational performance last quarter with beats in most major metrics including growth and cash flow generation. The company’s guidance, which called for revenue growth of 26% was disappointing to many. The company does not…
Tuesday evening Wix reported the results of its fiscal Q4. The results were pretty good-overall reported growth was 39%-a somewhat inflated number due to the change in accounting for Google related income. The company achieved a 12% growth in ARPU-a key performance metric for a company such as this. The company recorded free cash flow…
I imagine that all of our subscribers are aware that the Fed chose to raise rates this afternoon. That decision had been anticipated by most market participants. The Fed statement, however, was considered to be more aggressive with regards to the likelihood of future rate hikes than might have been hoped. The Fed also continued…
I will try to make this as short as possible and long as necessary. Some subscribers like my efforts in terms of diction; all subscribers are going to like it better if I can produce profitable picks. I think the recent crash is epochal in nature. I have seen my share of crashes such as…
About 6 months ago, IT vendors could do no wrong amongst investors. And even when they did wrong, it turned out OK for the stock. Oh for the return of those days. These days the reports of operational performance for tech companies, have to be unusually special or there have to be other factors for…
Earnings season is heating up. Lots of names reporting, lots of conference call transcripts to parse and presentations to review. It can be difficult to do justice to all of the names that subscribers want to read about. Just so our subscribers know if there is an earnings release or something in the news of…