Wix Reports Fourth Quarter and Full Year 2024 Results
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Wix has reported its fourth quarter and full year 2024 results, highlighting a year of sustained growth acceleration and stronger than expected free cash flow generation. The company surpassed the Rule of 40 in 2024 and is on track to achieve the Rule of 45 in 2025.
February 19, 2025 | 6:15 am
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Wix reported strong financial results for Q4 and full year 2024, with growth acceleration and better than expected free cash flow. The company surpassed the Rule of 40 and is on track for the Rule of 45 in 2025.
Wix's strong financial performance, surpassing the Rule of 40 and aiming for Rule of 45, indicates robust growth and efficient cash flow management. This positive outlook is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100