filmov
tv
[EPS Beat by 173%] Wix - 2024 Q3 Earnings Analysis
Показать описание
#WIX Wix 2024 Q3 Earnings: Wix reported strong revenue growth and a significant EPS beat in Q3 2024, driven by strategic AI initiatives and Studio momentum.
- Revenue: $444.7 million, up 13% y/y
- Adj. EPS: $1.50 vs. forecast $0.55 (5 analysts)
- Bookings Growth: 16% y/y
- FCF Margin: 29% in Q3
"The continued momentum and accomplishments achieved this year are a testament to our intense focus on best-in-class innovation," said Avishai Abrahami, Wix Co-founder and CEO. "We delivered another quarter of accelerating top-line growth and FCF margin expansion, underpinned by focused execution of our key strategic initiatives," added Lior Shemesh, CFO at Wix.
If you enjoyed this video, please like, subscribe, and hit the notification bell to stay updated with our latest stock analysis and market insights. Leave a comment below with your thoughts on the video, and any other stocks you'd like us to cover.
*Check out our latest videos on more earnings:*
- Revenue: $444.7 million, up 13% y/y
- Adj. EPS: $1.50 vs. forecast $0.55 (5 analysts)
- Bookings Growth: 16% y/y
- FCF Margin: 29% in Q3
"The continued momentum and accomplishments achieved this year are a testament to our intense focus on best-in-class innovation," said Avishai Abrahami, Wix Co-founder and CEO. "We delivered another quarter of accelerating top-line growth and FCF margin expansion, underpinned by focused execution of our key strategic initiatives," added Lior Shemesh, CFO at Wix.
If you enjoyed this video, please like, subscribe, and hit the notification bell to stay updated with our latest stock analysis and market insights. Leave a comment below with your thoughts on the video, and any other stocks you'd like us to cover.
*Check out our latest videos on more earnings:*