NEW YORK (TheStreet) --Shares of Wix.com Ltd (WIX - Get Report) are down -3.21% to $16.87 on Tuesday after the company posted a 2014 first quarter GAAP net loss of -$14.9 million, or 40 cents per share, compared to a net loss of -$4.9 million, or 83 cents per share from the first quarter 2013.
The web develop platform reported a non-GAAP net loss of -$11.3 million, or 30 cents per share versus a loss of -$4.4 million, or 76 cents per share for the same period last year.
The company said revenue grew 86% to $28.8 million, from $15.5 million for the 2013 first quarter.WIX data by YCharts
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