Wix.com reports 2Q loss but beats expectations

Wix.com, the Israeli company that helps small business owners build websites, today reported earnings for its second financial quarter of 2016. For the quarter ending June 30, the Tel Aviv-based software provider posted growing revenue and a loss. Wix posted a net loss of $11.4 million, or 28 cents loss a diluted share, compared to a loss of $12.3 million, or 31 cents loss per share in… Read More...