Wix Reports First Quarter 2024 Results
WIXWix(WIX) Prnewswire·2024-05-20 13:00

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 momentum in the Partners business – reflecting market share ...