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Wix.com Ltd. (WIX) Q3 2024 Earnings Call Transcript Summary

Wix.com Ltd. (WIX) Q3 2024 Earnings Call Transcript Summary

Wix.com有限公司 (WIX) 2024年第三季度 業績會 摘要
富途資訊 ·  11/21 03:22  · 電話會議

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。


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