Wix.com Ltd. (WIX) Q3 2024 Earnings Call Transcript Summary
Wix.com Ltd. (WIX) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the Wix.com Ltd. (WIX) Q3 2024 Earnings Call Transcript:
以下是wix.com有限公司(WIX)2024年第三季度業績電話會議摘要:
Financial Performance:
財務表現:
Wix.com reported third quarter 2024 bookings growth of 16% year-over-year, with revenue growing to $445 million, up 13% compared to last year.
Non-GAAP gross margin for Q3 was 69%, reflecting an increase from the originally anticipated 68% to 69%, attributing to better non-GAAP Business Solutions gross margin and payments gross margin.
Free cash flow for the quarter amounted to $128 million, representing 29% of revenue, indicating efficient operating cost management and strong profitability.
The updated full-year outlook includes total bookings projected between $1,822 million to $1,832 million and revenue from $1,757 million to $1,764 million.
Wix.com報告,2024年第三季度預訂額同比增長16%,營業收入增長至44500萬美元,較去年增長13%。
第三季度的非通用會計準則毛利率爲69%,較最初預期的68%至69%有所增加,歸因於更好的非通用會計準則業務解決方案毛利率和支付毛利率。
本季度的自由現金流金額爲12800萬美元,佔營業收入的29%,表明運營成本管理效率高,盈利能力強。
更新後的全年展望包括總預訂額預計在182200萬至183200萬美元之間,營業收入從175700萬到176400萬美元。
Business Progress:
業務進展:
Wix is expanding its AI capabilities, currently offering 29 AI assistants to enhance user decision-making and platform experience. Key products include an AI Website Builder now available in 20 languages, significantly improving user onboarding and conversion.
Studio platform launched a visual sitemap and wireframe generator to support design and agency work, with 74 updates rolled out in Q3 to boost agency and designer productivity.
Significant user base growth with nearly 5 million additions in Q3, notable for the first growth since 2020, showing strong brand and platform value.
Wix正在擴展其人工智能能力,目前提供29個人工智能助手,以增強用戶決策和平台體驗。關鍵產品包括現提供的AI網站構建工具,支持20種語言,顯着改善用戶入門和轉化。
Studio平台推出了可視化網站地圖和線框圖生成器,以支持設計和代理工作,在第三季度推出了74次更新,以提升代理商和設計師的生產力。
Q3用戶基礎大幅增長,新增用戶近500萬,自2020年以來首次增長,顯示出強大的品牌和平台價值。
Opportunities:
機會:
Continued AI development and upcoming monetization offer significant growth potential, with AI tools aimed at transforming merchant business management and customer interactions.
Studio platform's increasing adoption, particularly among new and larger agencies, is expected to drive future revenue growth and partner relationships.
持續發展人工智能並即將推出的貨幣化提供了巨大的增長潛力,人工智能工具旨在轉變商家業務管理和客戶互動。
Studio平台的日益普及,尤其受到新的和更大型機構的青睞,預計將推動未來營收增長和合作夥伴關係。
Risks:
風險:
While AI enhancements are positive, the gradual adoption can affect the expected speed of financial returns from these innovations.
Dependence on continued robust performance of newly introduced products and platforms such as Studio for sustained revenue growth.
儘管人工智能增強是積極的,但逐步採納可能會影響這些創新帶來的預期財務回報速度。
依賴於新推出產品和平台(如Studio)持續強勁表現以實現營收持續增長。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。
譯文內容由第三人軟體翻譯。