Wix.com Ltd
WIX: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <% | LOCK|<V | LOCK|QJp#^gy |
Wix Earnings: Base44 Progress Offset by Partners Challenges; Shares Fairly Valued
Wix's third-quarter revenue grew 13% to $570 million, roughly in line with FactSet consensus, while bookings rose 11%. Base44 annual recurring revenue approached $250 million, but partners growth slowed to 11% from 17% in the second quarter. Shares fell 8% on Nov. 10.
