Wix dot com for profit in four years, it's growing revenue up to 25 in 2019

Wix dot com, which helps small businesses create web sites up and running, made a profit higher than expected in the fourth quarter and predicted an increase in revenue by 25% in 2019.
On Wednesday, it reported a net gain of 42 cents per share except for one-time items, up from 16 cents the previous year. Revenues grew 39 percent to $ 164 million.
Analysts were expecting an adjusted gain of 33 cents per share from an income of $ 162 million, and I / B / E / S data from Refinitiv were shown.
The Wix, which is based in Israel features free basic set up websites, but users must pay for additional services such as shopping carts and web addresses of individuals and analysis of traffic to the site.
The company has 142 million registered users.

During the quarter, added 147000 user-driven access to 4 million customers outstanding, an increase of 24 percent from the end of 2017.
Weeks 2019 Project income from $ 755-751 million, 25-26 percent more than in 2018. Analysts were expecting an income of $ 761 million.
Finance director Lior shims said that Weeks expected to generate free cash flows of about $ 155 million, of which $ 15 to $ 20 million would be used for new growth initiatives.
Reuters said, " if there is an upward trend in those investments, they are not part of our directives. There is a possibility of an ascending side, " pointing out that 2018 was a record year for a product launch.
The company has seen strong demand for group paraphernalia paid to Ascend, which was launched in the month of December and allows businesses to communicate with customers and management.
President Nair Zohar said that Wickes ' main competitor was Squire space, a private company based in New York. There was some activity in recent mergers and acquisitions in this sector, where GoT company Ceres capital and Squire (NYSE: SQ) Inc to purchase with Weebly valued at $ 365 million.
For the first quarter, which jumped its shares by 70 percent in the past year, providing revenue of 172 to $ 173 million, an increase of 25 to 26 percent from the previous year.