Wix.com raises FY24 revenue view to $1.757B-$1.764B from $1.747B-$1.761B

Consensus $1.76B. The company said, “We are increasing our full year bookings outlook to $1,822 – $1,832 million, or 14-15% y/y growth, compared to previous guidance of $1,802 – $1,822 million, or 13-14% y/y growth. This high end of this updated outlook reflects the expectation that 2H bookings will accelerate to 17% y/y, compared to previous guidance of 16%, and y/y bookings growth to exit the year at 18%. We are also updating our full year revenue outlook to $1,757 – $1,764 million, or 13% y/y, compared to $1,747 – $1,761 million previously.”