Wix Q4 Earnings: EPS Beat, Issues Strong 2025 Outlook With Two Products Launch

Quick Summary:

On Wednesday, SaaS website builder platform Wix.com Ltd (NASDAQ:WIX) reported its fiscal fourth-quarter 2024 results. Revenue grew 14% year over year to $460.46 million, marginally missing the analyst consensus estimate of $461.75 million. Adjusted EPS of $1.93 beat the analyst consensus estimate of $1.59.

Also Read: Baidu Q4 Earnings: AI Cloud Grows, Margin Slides, Expects AI Investments To Bear Fruit In 2025

Creative Subscription revenue increased 11% Y/Y to $329.7 million. The Creative Subscriptions bookings climbed 15% Y/Y to $325.2 million. Creative Subscriptions ARR was $1.34 billion, up 13% Y/Y.

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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United States

Topics: Stories That Matter Tech Benzinga Guidance WIX News Top Stories Movers Trading Ideas Why it's moving Earnings Briefs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-19 @ 14:03:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 421 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26273577

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