NOT INVESTMENT ADVICE – FOR INFO
Historic low, outstanding potential, great moment to grab a bargain?
- Q1 bookings of $585 million, up 15% y/y, and revenue of $541 million, up 14% y/y, driven by new cohort momentum powered by Base44 strength
- New user cohort bookings increased ~46% year-over-year
- Wix Harmony now running on its own proprietary AI model, built by Wix for speed without sacrificing accuracy when applied to Harmony websites
- Powerful new features further position Base44 as a leader in AI-powered innovation, including Superagents, a native AI assistant, and new Figma to Base44 integration
- Achieved ~$150 million of ARR as of May as momentum continues to ramp
- Repurchased ~30% of outstanding Wix shares in early April through tender program
Wix.com (not Wickes (LSE)) down 30% today
byu/Usual_Cicada_9671 ininvesting
Posted by Usual_Cicada_9671
1 Comment
I personally invested at 55 following the dip, I see gains to be made