Industry Newssaaswixshare buyback
Wix Reports Revenue Growth, Accelerates $2B Buyback
6.1
Wix.com reported fiscal 2025 revenue of $1.99 billion, up 13% from $1.76 billion in 2024, with Q4 revenue of $524.3 million. Net income fell 63% to $50.6 million for the year and Q4 swung to a $40.2 million loss; the company targets mid-teens revenue and bookings growth and plans to complete the majority of a $2 billion buyback this year.
Key Points
- 1Reports 13% annual revenue growth to $1.99 billion, Q4 revenue $524.3 million.
- 2Notes net income fell 63% to $50.6 million and Q4 swung to $40.2 million loss.
- 3Announces aggressive plan to complete majority of $2 billion buyback; implications for shareholder returns.
Scoring Rationale
Company earnings and accelerated buyback are investor-relevant and credible, but deliver limited broader industry novelty.
Sources
Public references used for this report.
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