eliyahooooo
Nov 10, 12:20 PM
$WIX Wix.com delivering a top- and bottom-line beat but seeing its stock slide due to downward adjustments in its forward guidance
Earnings Analysis
Wix delivered non-GAAP EPS of
$1.42, beating the Wall Street consensus of
$1.40,
while revenue rose 12.9% year-over-year to
$570.2 million, ahead of the expected
$566.1 million.
Total bookings also ticked up 11% to
$573 million, driven by strong growth in its Base44 AI application engine.
However, operating income margin missed consensus at negative 2.9%,
and free cash flow reached
$74.5 million, falling short of estimates.
Guidance Headwinds
Free Cash Flow Guidance Trimmed: Wix lowered its full-year 2026 free cash flow margin target to approximately 16% (down from prior high-teens projections) as gross margin gains are heavily reinvested into aggressive marketing for Base44.
Q4 Bookings Lag: Management noted that Q4 bookings growth is expected to lag .
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