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Wix's Q1 2025 performance is fueled by momentum in its key business units and strong bookings, despite macroeconomic uncertainty. AI breakthroughs bode well.
Wix.com (WIX) came out with quarterly earnings of $1.55 per share, missing the Zacks Consensus Estimate of $1.66 per share. This compares to earnings of $1.29 per share a year ago.
NEW YORK -- Wix.com Ltd. (Nasdaq: WIX) (the “Company”), the leading SaaS website builder platform1, today reported financial results for the first quarter of 2025. In addition, the Company provided its outlook for the second quarter and an updated outlook for full year 2025. Please visit the Wix Investor Relations website at https://investors.wix.com to view the Q1'25 Shareholder Update and other materials.
Wix stock price will be in the spotlight this week as the technology company publishes its first-quarter earnings. It was trading at $182.75 on Friday, up by almost 30% from its lowest point this year.
The latest trading day saw Wix.com (WIX) settling at $182.75, representing a -0.09% change from its previous close.
Besides Wall Street's top -and-bottom-line estimates for Wix.com (WIX), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
WIX introduces Wixel, an AI-powered design platform enabling anyone to create professional visuals effortlessly, with Pro upgrades available.
Increasing adoption of various AI products and WIX Studio bodes well, but forex volatility and uncertain macro conditions emerge as key concerns for WIX.
Wix is redefining creative empowerment with the launch of Wixel – a standalone AI-powered design platform that brings the most advanced visual design capabilities into a single intuitive interface
Wix.com (WIX) closed the most recent trading day at $166.45, moving +1.41% from the previous trading session.