Wix.com profit beats estimates, sees $2 bln revenue in 2025
1. Wix.com surpassed Q4 profit expectations due to price increases and AI tools. 2. Company forecasts revenue growth to $2 billion by 2025.
FAQ
Why Bullish?
Wix’s performance and growth forecast suggest positive momentum, similar to previous surges following strong earnings reports.
How important is it?
Strong earnings and a positive outlook on revenue growth are likely to attract investor interest, enhancing Wix's attractiveness in the market.
Why Long Term?
The projected revenue growth to $2 billion by 2025 indicates sustained positive trends, similar to past growth trajectories.