Wix.com Ltd. (NASDAQ: WIX) Earnings Report Highlig…
From Financial Modeling Prep: 2025-05-21 18:00:00
Wix.com Ltd. (NASDAQ:WIX) reported a first-quarter EPS of $1.55, missing the Zacks Consensus Estimate. The company’s revenue for the quarter was $473.7 million, a 13% year-over-year increase. Wix’s shares have increased by 8.7% over the past year, slightly outperforming the Zacks Computer-IT Services sector.
Wix.com Ltd. is a leading SaaS website building platform with 288 million users. Despite a lower-than-expected EPS of $1.55, the company showed improvement from the previous year. Wix’s revenue of $473.7 million exceeded estimates, with total bookings reaching $511 million.
With a P/E ratio of 63.25 and a price-to-sales ratio of 4.96, Wix demonstrates strong investor confidence. Despite a negative debt-to-equity ratio, the company maintains a free cash flow margin of 30%. Wix’s shares have grown by 8.7% in the past year, showcasing its resilience in the market.
Wix’s first-quarter performance, though slightly below expectations, reflects its growth trajectory. The company’s innovative AI-powered platform and expanding user base position it as a key player in the website building industry. With strong financial metrics and consistent growth, Wix remains a promising investment opportunity.
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