Wix Shares Fall 5% Despite Q4 EPS Beat and Strong …
From Barchart: 2025-02-19 12:18:00
Wix.com (NASDAQ:WIX) shares fell 5% despite strong Q4 earnings. Adjusted EPS was $1.93, beating estimates of $1.59. Revenue grew 14% to $460.5 million, slightly below the $461.75 million forecast. Wix Studio’s AI-powered tools drove growth, with AI features boosting conversion rates. Full-year revenue guidance for 2025 is $1.97 billion to $2 billion.
The company expects AI innovations to continue driving growth in 2025. Q1 revenue is projected to be between $469 million and $473 million. In 2024, total revenue increased by 13% to $1.76 billion, reflecting sustained business momentum.
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