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Wix.com (WIX) Reports Q4 Earnings: What Key Metrics Have to Say
WixWix(US:WIX) ZACKSยท2025-02-19 15:35

Core Insights - Wix.com reported revenue of $460.46 million for the quarter ended December 2024, reflecting a 14% increase year-over-year, with EPS at $1.93 compared to $1.22 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate by 0.19%, while the EPS exceeded the consensus estimate by 19.88% [1] Financial Performance Metrics - Total Bookings reached $464.59 million, slightly above the average estimate of $464.16 million [4] - Creative Subscriptions ARR was reported at $1.34 billion, marginally higher than the estimated $1.33 billion [4] - The number of registered users at the end of the period was 282 million, surpassing the average estimate of 280.77 million [4] - Total Bookings for Business Solutions amounted to $139.39 million, exceeding the average estimate of $129.58 million [4] - Total Bookings for Creative Subscriptions were $325.20 million, below the average estimate of $336.07 million [4] - Revenues from Business Solutions were $130.72 million, slightly below the average estimate of $131.70 million, representing a year-over-year increase of 21.5% [4] - Revenues from Creative Subscriptions were $329.73 million, in line with the average estimate of $329.61 million, showing an 11.3% year-over-year increase [4] - Non-GAAP Gross Profit for Business Solutions was $41.41 million, below the average estimate of $42.51 million [4] - Non-GAAP Gross Profit for Creative Subscriptions was $279.54 million, slightly above the average estimate of $278.20 million [4] Stock Performance - Wix.com shares have returned -4.4% over the past month, contrasting with the Zacks S&P 500 composite's +4.7% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]