
Wix.com Ltd (NASDAQ:WIX) shares are trading flat Monday after the company announced mixed financial results and issued guidance below analyst estimates.
Wix said first-quarter revenue grew 14% year-over-year to $341.6 million, which beat the $340.55-million estimate. The company reported a quarterly loss of 72 cents per share, which missed the estimate for a loss of 64 cents per share.