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Wix.com Issues Conservative Outlook Due To Macro Uncertainty, Increases Stock Buyback
Summary
Wix.com (NASDAQ: WIX) reported Q1 2025 results, with revenue up 13% Y/Y to $473.7M and EPS of $1.55 missing estimates. Creative Subscriptions revenue increased 11% Y/Y and Partners revenue grew 24% Y/Y. Wix reiterated its fiscal 2025 outlook and announced a $200M share buyback program.
Original Article
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Read Full ArticleArticle published on May 21, 2025 by benzinga