Wix Beats Q1 Expectations but Stock Plunges 12% on Tepid Q2 Outlook

From Financial Modeling Prep: 2025-05-21 15:49:00

Wix.com (NASDAQ:WIX) surpasses Q1 earnings expectations with $1.69 per share, revenue of $473.3 million. Shares drop 12% as Q2 guidance falls slightly short of consensus at $485-489 million, below $488.2 million forecast. Company remains optimistic about accelerating growth in second half of 2025, reaffirming full-year outlook with non-GAAP gross margin of 70%.



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