Wix Releases Details of First Quarter 2022 Earnings Conference Call and Analyst and Investor Day Registration

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NEW YORK, May 4, 2022 /PRNewswire/ — Wix.com Ltd. (Nasdaq: WiX), today released the login details for Wix’s first quarter ended earnings conference call March 31, 2022 as well as registration details for the Wix Virtual Analyst and Investor Day.

(PRNewsfoto/Wix.com Ltd.)

First quarter results

Wix will issue a press release reporting first quarter results along with a shareholder update and additional materials on https://investors.wix.com/ on Monday, May 16, 2022. Wix management will then host a conference call and webcast to answer questions about the company’s financial results.

What:

Wix Q1 2022 Earnings Conference Call

When:

Monday, May 16, 2022

Weather:

8:30 a.m. ET

Live call:

Toll free in the United States and Canada: +1-877-667-0467

International: +1-346-354-0953

Israel Toll Free: 809-315-362
Conference ID: 7607579

Replay:

Toll Free: +1-855-859-2056

International: +1-404-537-3406

Conference ID: 7607579

Available from 11:30 a.m. ET on May 16, 2022 to 11:30 a.m. ET on May 23, 2022

Virtual Analyst and Investor Day

Wix’s management team and other business leaders will provide a detailed overview of the company’s key growth initiatives and present a three-year financial plan and a long-term financial framework. A live Q&A session with members of the Wix leadership team will follow the presentations.

What:

Wix Virtual Analyst and Investor Day

When:

Thursday, May 19, 2022

Weather:

8:30 a.m. ET

Registration:

Reply form

Live webcasts of both events, replays and accompanying material will be available on https://investors.wix.com/.

About Wix.com Ltd.

Wix is ​​a leading platform for creating, managing and growing a digital presence. What started as a website builder in 2006 is now a comprehensive platform providing users with enterprise-grade performance, security, and reliable infrastructure. Offering a wide range of business and commerce solutions, advanced SEO and marketing tools, Wix empowers users to have full ownership of their brand, data, and customer relationships. With a focus on continuous innovation and the delivery of new features and products, anyone can create a powerful digital presence to achieve their dreams on Wix.

To learn more about Wix, please visit our Press room

Investor Relations:
[email protected]

Media Relations:
[email protected]

Forward-looking statements

This document contains forward-looking statements, within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties. These forward-looking statements may include projections regarding our future performance, including, but not limited to, revenue, bookings and free cash flow, and may be identified by words such as “anticipate”, “assume”. , “believe”, “aim”, “plan”, “indication”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “plan” , “potential”, “predict”, “project”, “outlook”, “future”, “will”, “seek” and similar terms or expressions. The forward-looking statements contained herein, including quarterly and annual forecasts , are based on management’s current expectations, which are subject to uncertainties, risks and changes in circumstances that are difficult to predict and many of which are beyond our control. Important factors that could cause our actual results to differ substantially from those indicated in the declarations s prospects include, among other things, our ability to attract and retain registered users and generate new premium subscriptions; our ability to increase the revenue we derive from the sale of premium subscriptions and business solutions through our partners; our expectation that new products and developments, including third-party products offered on our platform, will achieve customer acceptance and satisfaction, including growth in market adoption of our e-commerce solutions; our assumption that long-term partner agreements will become a larger part of our business in the future and that expected accounts receivable from these long-term partner agreements will ultimately be received; our assumption that historical user behavior can be extrapolated to predict future user behavior; our expectation of future revenue generated by our user cohorts and our ability to sustain and increase such revenue growth; our ability to maintain and improve our brand and reputation; our ability to attract and retain qualified employees and key personnel; our ability to enter new markets and attract new customer demographics, including new partners; our expectation that our products created for markets outside of North America will continue to generate growth in these markets; the impact of exchange rate fluctuations on our business; our ability to effectively execute our initiatives to evolve and improve our user support function through our customer service team, and thereby increase user retention, user engagement and sales; the integration and completion of acquisitions; our ability to successfully localize our products, including making our products, support and communication channels available in additional languages ​​and expanding our payment infrastructure to transact in additional local currencies and accept additional payment methods ; our ability to effectively manage the growth of our infrastructure; the impact on our business and operations of the COVID-19 pandemic, including uncertainty relating to expected consumption dynamics after the end of the COVID-19 pandemic and anticipated GPV on our platform, risks related the repurchase of our common stock and/or convertible bonds pursuant to our repurchase program, the effectiveness of government policies, vaccine delivery rates and other factors; changes to the technologies used in our solutions; any regulatory investigation or litigation; our expectations regarding the evolution of our cost of revenues and operating expenses on an absolute basis and as a percentage of our revenues; changes in the global, national, regional or local economic, business, competitive, business and regulatory landscape, including as a result of COVID-19 and as a result of the military invasion of Ukraine by Russia; our expected level of capital expenditures and our belief that our existing liquidity and cash provided by operations will be sufficient to fund our operations for at least the next 12 months and other factors discussed under “Risk Factors” in the company’s 2021 Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 1, 2022. Any forward-looking statements made by us in this press release speak only as of the date hereof. Factors or events that could cause our actual results to differ may arise from time to time and it is impossible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.

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SOURCE Wix.com Ltd.


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