UPDATE: Wix.com Posts Q4 Loss

Wix.com WIX posted a loss in the fourth quarter. Wix.com reported a quarterly loss of $0.29 per share, versus a year-ago loss of $0.56 per share. Its revenue climbed 88% to $24.9 million. However, analysts were projecting a loss of $0.14 per share on revenue of $23.6 million. Wix expects 2014 revenue of $127 to $130 million, versus analysts' estimates of $122.6 million. Wix.com shares closed at $29.77 yesterday.
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