Wix(WIX) - 2024 Q1 - Quarterly Report
WIXWix(WIX)2024-05-20 19:37

Exhibit 99.1 Wix Reports First Quarter 2024 Results Record increase to FCF outlook driven by Q1 outperformance and expected 2H bookings acceleration – now anticipating 26% FCF margin in FY2024, one year ahead of plan and within clear sight of hitting Rule of 40 milestone already this year • Strong start to year with total bookings of 457.3million,up10457.3 million, up 10% y/y driven by reacceleration of Creative Subscriptions growth • Total revenue of 419.8 million exceeded expectations, up 12% y/y driven by continued mom ...