Wix.com Stock Slides on Q4 Revenue Miss, Slower Revenue Growth Forecast for Q1

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Wix.com Ltd. reported fourth-quarter FY21 revenue growth of 16 percent year-on-year to $328.3 million, missing the consensus of $331.2 million.

Wix.com is a global SaaS platform to create, manage, and grow an online presence.

Segments

Creative Subscriptions revenue increased 15 percent Y/Y to $246.7 million. The Creative Subscriptions bookings climbed 12 percent Y/Y to $264 million.