Core Insights - Wix.com Ltd reported non-GAAP EPS of $1.55 for Q1 2025, missing the Zacks Consensus Estimate of $1.66, but up from $1.29 in the same quarter last year [1] - Quarterly revenues increased by 13% year over year to $473.7 million, surpassing the Zacks Consensus Estimate of $471.8 million and management's guidance of $469-$473 million [2] Financial Performance - Creative Subscriptions revenues, accounting for 71.3% of total revenues, rose by 11% year over year to $337.7 million, while Business Solutions revenues increased by 18% to $136 million [4] - Non-GAAP gross margin improved to 69% from 68% in the prior year, with Creative Subscriptions achieving 84% and Business Solutions at 31% [6] - Non-GAAP operating income was reported at $99.8 million, compared to $69.4 million in the previous year [6] User Engagement and Market Position - As of March 31, 2025, Wix had 288 million registered users, with shares gaining 8.7% over the past year, outperforming the Zacks Computer-IT Services sector's growth of 8.1% [3] - Partners' revenues increased by 24% year over year to $171.6 million, driven by the Wix Studio platform's strong adoption [5] Cash Flow and Shareholder Returns - Cash flow from operations was $145.5 million, up from $113.8 million in the previous year, with free cash flow at $142.4 million [9] - The company repurchased $200 million worth of shares in January 2025 and has authorized an additional $200 million for share repurchase, totaling $400 million [9] Future Outlook - Wix maintains its 2025 revenue growth guidance of 12-14%, estimating revenues between $1.97 billion and $2 billion [10] - For Q2 2025, revenues are expected to be between $485 million and $489 million, indicating an 11-12% growth from the prior year [12]

Core Viewpoint - Wix.com reported quarterly earnings of $1.55 per share, missing the Zacks Consensus Estimate of $1.66 per share, but showing an increase from $1.29 per share a year ago, indicating a -6.63% earnings surprise [1] - The company posted revenues of $473.65 million for the quarter, surpassing the Zacks Consensus Estimate by 0.40% and up from $419.78 million year-over-year [2] Financial Performance - Over the last four quarters, Wix.com has surpassed consensus EPS estimates three times [2] - The company has also topped consensus revenue estimates three times in the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is $1.84 on revenues of $488.2 million, and for the current fiscal year, it is $7.53 on revenues of $1.98 billion [7] Stock Performance - Wix.com shares have declined approximately 15.3% since the beginning of the year, contrasting with the S&P 500's gain of 1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Outlook - The Computers - IT Services industry, to which Wix.com belongs, is currently in the top 37% of over 250 Zacks industries, suggesting a favorable outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Wix.com's stock performance [5]

● Company Overview First Quarter 2025 WIX Safe Harbor Forward Looking Statements This document contains forward-looking statements, within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such forward-looking statements may include projections regarding our future performance, including, but not limited to revenue, bookings and free cash flow, and may be identified by words like "anticipate," "assume," "believe," "aim," " ...

Core Viewpoint Wix.com Ltd. reported strong financial results for Q1 2025, highlighting significant growth in bookings and revenue, driven by product innovation and a robust user base. The launch of Wixel, an AI-powered visual design platform, marks a strategic expansion beyond website creation, aiming to democratize digital creation for users of all skill levels. Financial Performance - Q1 2025 total bookings reached $511 million, reflecting a 12% year-over-year increase, with strong demand continuing into April and early May [4][10] - Total revenue for Q1 2025 was $474 million, exceeding expectations and up 13% year-over-year, driven by growth in Self Creators and Partners segments [4][11] - Creative Subscriptions revenue was $338 million, up 11% year-over-year, while Business Solutions revenue increased by 18% to $136 million [5][25] - Free cash flow for Q1 2025 was $142 million, with a free cash flow margin of 30% [4][12] Product Innovation - The launch of Wixel represents a significant milestone for Wix, integrating advanced design tools into a single platform, aimed at enhancing user experience and accessibility [2][4] - The company continues to focus on empowering Self Creators and enhancing its AI capabilities, which have contributed to the strong performance in new user cohorts [9][10] Share Repurchase Program - Wix's Board of Directors has authorized an increase in the share repurchase program to a total of $400 million, reflecting confidence in the company's financial health [6][14] Financial Outlook - The company maintains its full-year bookings outlook of $2,025 - 2,060 million, projecting an 11-13% year-over-year increase, while also expecting total revenue for the year to be between $1,970 - 2,000 million, up 12-14% year-over-year [10][11] - For Q2 2025, Wix anticipates revenue between $485 - 489 million, representing an 11-12% year-over-year growth [11][12]

Core Insights - Analysts expect Wix.com (WIX) to report quarterly earnings of $1.66 per share, reflecting a year-over-year increase of 28.7% [1] - Revenue projections stand at $471.78 million, which is a 12.4% increase from the same quarter last year [1] - The consensus EPS estimate has been adjusted downward by 0.2% over the past 30 days, indicating a reassessment by analysts [1] Revenue Estimates - 'Revenues - Business Solutions' are projected to reach $135.06 million, marking a 17% increase from the prior-year quarter [4] - 'Revenues - Creative Subscriptions' are expected to be $336.71 million, reflecting a 10.7% increase from the previous year [4] Key Metrics - 'Creative Subscriptions ARR' is anticipated to reach $1.38 billion, up from $1.24 billion reported in the same quarter last year [5] - 'Total Bookings - Business Solutions' are expected to be $142.88 million, compared to $122.64 million in the prior year [5] - 'Total Bookings - Creative Subscriptions' is projected at $368.37 million, an increase from $334.64 million reported last year [6] Profit Estimates - 'Non-GAAP Gross Profit - Business Solutions' is estimated at $42.66 million, up from $34.58 million in the same quarter last year [6] - 'Non-GAAP Gross Profit - Creative Subscriptions' is forecasted to reach $283.35 million, compared to $252.16 million reported in the previous year [7] Stock Performance - Wix.com shares have increased by 14.5% over the past month, outperforming the Zacks S&P 500 composite, which rose by 9.8% [7]

Core Insights - Wix.com Ltd. has launched Wixel, an AI-driven visual design platform aimed at making professional-grade design accessible to all users [1][2] - Wixel is currently available for free in English, with an option for users to upgrade to a Pro Plan for premium features [2] - The platform simplifies the design process, allowing users to create polished visual assets quickly without advanced design skills [3] Product Features - Wixel enables users, such as small business owners and content creators, to generate high-quality visuals efficiently [3] - The platform supports various functionalities, including background changes, lighting adjustments, and professional template placements for product-based businesses [4] - Future updates are expected to include video editing and story creation features, expanding Wixel's capabilities [4] Business Strategy - Wix is focusing on generative AI as a significant growth driver and is embedding AI assistants across its platform to enhance operational efficiency [5] - The introduction of the Model Context Protocol (MCP) Server allows developers to create production-ready solutions using AI coding assistants [6] - Wix has also launched an AI-powered adaptive content application to personalize website content dynamically, enhancing user engagement [7] Market Performance - Wix's stock has increased by 34.8% over the past year, outperforming the Computers - IT Services industry's growth of 9.7% [9]

Core Viewpoint - Wix.com Ltd. is expected to report first-quarter 2025 results on May 21, with projected revenues indicating a growth of 12-13% year-over-year, and earnings expected to rise by 28.7% compared to the previous year [1][2]. Financial Expectations - Revenues for Q1 2025 are anticipated to be between $469 million and $473 million, with a Zacks Consensus Estimate of $471.8 million, reflecting a 12.4% increase from the prior year [1]. - The Zacks Consensus Estimate for earnings is set at $1.66 per share, indicating a 28.7% rise from the same quarter last year [1]. Recent Performance - Wix has consistently beaten the Zacks Consensus Estimate in the last four quarters, with an average surprise of 18.95% [2]. - The stock has appreciated by 34.8% over the past year, outperforming the Zacks Computers - IT Services industry's growth of 9.7% [2]. Growth Drivers - The adoption of Wix's product portfolio, particularly Wix Studio and AI-driven solutions, is expected to contribute significantly to revenue growth [2]. - The launch of the AI Website Builder in 2024 has transformed user experience and is a key component of Wix's AI offerings [2]. Product Innovations - In January 2025, Wix introduced Business Launcher, an AI tool that helps users develop business ideas based on their skills and goals [3]. - The company has integrated AI assistants across its platform, enhancing operational efficiency and customer conversion rates [4]. - The AI Site-Chat, launched in December 2024, serves as a virtual agent to engage visitors and improve customer experience [4]. User Engagement - Wix Studio, aimed at agencies and professionals, has over two million accounts, with 75% created by new partners, indicating strong market demand [5]. - The strategy to onboard higher-intent users and maximize the lifetime value of existing users is expected to positively impact performance [8]. Revenue Segmentation - The Zacks Consensus Estimate for revenues from Creative Subscriptions and Business Solutions segments is projected at $337 million and $135 million, respectively [8]. Currency Exposure - Approximately 40% of Wix's revenues are generated in non-U.S. dollar currencies, making it vulnerable to foreign exchange fluctuations [9]. - For Q1 2025, revenues are expected to increase by 13-14% at constant currency, accounting for an adverse forex impact of roughly $6 million [9]. Investment and Development - Wix is increasing investments in product development and infrastructure, although the macroeconomic environment remains volatile [10]. - Recent developments include the introduction of Wixel, an AI-driven visual design platform, and Astro, an AI-powered business assistant [11][12].

Core Insights - Wixel is a new standalone AI-powered visual design platform launched by Wix.com Ltd, aimed at democratizing visual design and enabling users to create high-quality designs effortlessly [9][12][14] - The platform integrates advanced AI capabilities with an intuitive user interface, allowing users to perform complex editing tasks such as background removal and image modification with ease [8][12][14] Product Features - Wixel offers powerful editing tools, AI image generation, and a wide range of customizable templates, all designed to enhance user experience [8][9] - Users can generate and transform images, change backgrounds, and create professional-quality visuals quickly, making it suitable for various use cases, including product photography for businesses [13][14] - The platform is currently available in English, with free usage and an optional Pro Plan for enhanced features and premium templates [15] Industry Context - The launch of Wixel comes at a time when studio-quality design is becoming the new standard, and many creators struggle to find the right tools for professional results [11] - Wix has a history of making complex technologies accessible, and Wixel continues this vision by simplifying the design process for users of all skill levels [12][14]

Core Insights - Wix.com Ltd. has launched the Wix Model Context Protocol (MCP) Server, allowing users to utilize natural language prompts to connect with AI-powered tools for building custom experiences and managing their businesses [1][2]. Group 1: Product Features - The Wix MCP Server provides access to various business functionalities, enabling users to manage their Wix-based businesses and generate code through AI assistants like Claude, Cursor, and Windsurf [2][9]. - It includes tools for inventory management, staff scheduling, secure checkouts, ticketing, and a flexible CMS, along with built-in CRM capabilities for lead management [2]. - The server acts as a bridge between AI clients and Wix's headless infrastructure, allowing developers to work from familiar Integrated Development Environments (IDEs) with minimal manual integration [3]. Group 2: Developer Support - The MCP Server is designed for a diverse user base, including freelance developers, agency teams, and AI automation experts, enhancing productivity and access to APIs and services [3][4]. - Developers can start using the MCP at no cost, with an option to upgrade to a Premium Plan for additional business functionalities, including online payment acceptance [5]. Group 3: Strategic Vision - The launch of the Wix MCP Server is part of Wix's broader strategy to facilitate AI disruption in the industry, emphasizing the importance of API quality and documentation [4]. - The company aims to enhance its offerings for developers, building on the momentum from the launch of Wix Studio, and providing tools that enable the creation of integrated solutions across various business verticals [4].

Company Announcement - Wix.com Ltd. will report its first quarter results for the period ended March 30, 2025, before the market opens on May 21, 2025 [1] - A conference call will be held on the same day at 8:30 a.m. ET to discuss the financial results and answer questions [1] - Prior to the call, Wix will issue a press release with the results, a shareholder update, and additional materials available on their investor relations website [1] Company Overview - Wix is recognized as the leading SaaS website builder platform globally, enabling users to create, manage, and grow their digital presence [2] - Since its inception in 2006, Wix has evolved from a simple website builder to a comprehensive platform offering enterprise-grade performance, security, and reliable infrastructure [2] - The platform provides a variety of commerce and business solutions, advanced SEO, and marketing tools, allowing users to maintain full ownership of their brand, data, and customer relationships [2] - Wix emphasizes continuous innovation and the delivery of new features and products to help users build a powerful digital presence [2]