Winning Stock Forecast: Global Eagle Entertainment (NASDAQ: ENT) A High-Flyer Boasting a 49.62% Return in 7 Days

Winning Stock Forecast: Global Eagle Entertainment (NASDAQ:ENT) A High-Flyer Boasting a 49.62% Return in 7 Days

[Source: Wikimedia Commons, May 30, 2018]

“During the first quarter of 2018, we focused on our objectives of operating a healthy core business, driving profitable growth and aggressively transforming our business. We continue to expect a minimum of 25% Adjusted EBITDA growth in 2018 versus 2017”

— Josh Marks, CEO of Global Eagle Entertainment

During the past week, Global Eagle Entertainment’s stock jumped 49.62% outperforming the market by over 50%, following their earnings announcement. Global Eagle Entertainment is a leading provider of media, content, connectivity

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Stock Forecast: Easy Site Construction and Increased Subscriptions Drives WIX Up

  This article was written by Esther Hanon, a Financial Analyst at I Know First.

[Source: Wikimedia Commons, May 29th, 2018]

“Our continued focus on product development and efficient marketing investment once again drove strong financial results. This is a strong start to the year, and we are building momentum to propel continued growth through the remainder of 2018.”

--Avishai Abrahami, Co-founder and CEO of Wix

Stock Forecast: Wix.com Ltd. (NASDAQ: WIX) Up 8.5% After Releasing Q1 Revenue Increase of 49%

Summary:

  • WIX stock jumped nearly 9% following their Q1 earnings announcement on May 9th
  • They have beat expectation for both collection and revenues, and are increasing the full year outlook
  • They reported free cash flow of more than $21 million and revenues of $49 million
  • These strong financial results are driven by their continuous focus on innovation, product development and outstanding market execution
  • They've added 231,000 subscriptions this quarter, the most ever

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