NEW YORK, May 4, 2022 /PRNewswire/ — Wix.com Ltd. (Nasdaq: WIX), today released dial-in information for the Wix Conference Call Discussing First Quarter Results Completed March 31, 2022 as well as registration details for the Wix Virtual Analyst and Investor Day.
First quarter results
Wix will issue a press release reporting first quarter results along with an update to shareholders and additional materials at 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.
Wix Q1 2022 Earnings Conference Call
Monday, May 16, 2022
8:30 a.m. Eastern Time
US/Canada Toll Free: +1-877-667-0467
Israel Toll Free: 809-315-362
Toll Free: +1-855-859-2056
Conference ID: 7607579
Available from 11:30 a.m. ET on May 16, 2022 until 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 long-term financial framework. A live Q&A session with members of the Wix management team will follow the presentations.
Wix Virtual Investor and Analyst Day
Thursday, May 19, 2022
8:30 a.m. Eastern time
Live webcasts of both events, replays, and supplemental materials will be available at 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 complete platform that provides users with enterprise-grade performance, security, and a reliable infrastructure. Offering a wide range of business and commerce solutions, advanced SEO, and marketing tools, Wix enables users to fully own their brand, their data, and their customer relationships. With a focus on continuous innovation and the delivery of new features and products, anyone can create a powerful digital presence to fulfill their dreams at Wix.
To learn more about Wix, visit our Press room
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. Such forward-looking statements may include projections about our future performance, including, but not limited to, revenues, reserves and free cash flow, and may be identified by words such as “anticipate”, “assume”, “believe”, “target”, “forecast” , “indication”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “plan”, “potential”, “predict”, “project”, “outlook” , ” future”, “will”, “seek” and similar terms or phrases. Forward-looking statements contained in this document, including quarterly and annual guidance, are based on management’s current expectations, which are subject to uncertainty, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. control. Important factors that could cause our actual results to differ materially from those indicated in the forward-looking statements include, among others, our ability to attract and retain registered users and generate new premium subscriptions; our ability to increase the revenue we earn from the sale of premium subscriptions and business solutions through our partners; our expectation that new products and developments, including third party products offered within our platform, will meet with customer acceptance and satisfaction, including growth in market adoption of our online commerce solutions; our assumption that long-term partner agreements will become a more important part of our business in the future and that the accounts receivable expected from such long-term partner agreement will ultimately be received; our assumption that historical user behavior can be extrapolated to predict future user behavior; our prediction of future revenue generated by our user cohorts and our ability to maintain and increase such revenue growth; our ability to maintain and enhance 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 those markets; the impact of fluctuations in foreign currency exchange rates on our business; our ability to effectively execute our initiatives to scale and improve our customer service function through our Customer Service team and thereby increase user retention, user engagement and sales; integration and 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 from the COVID-19 pandemic, including the uncertainty related to the expected consumption dynamics after the COVID-19 pandemic subsides and the anticipated GPV on our platform, risks related to the repurchase of our common stock and/or Convertible Notes in accordance with our repurchase program, the effectiveness of government policies, vaccine administration fees and other factors; changes to the technologies used in our solutions; any regulatory investigation or litigation; our expectations regarding changes in our cost of revenues and our operating expenses on an absolute basis and as a percentage of our revenues; changes in the global, national, regional or local economic, commercial, competitive, market and regulatory landscape, including as a result of COVID-19 and as a result of the military invasion of Ukraine for Russia; our planned level of capital expenditures and our belief that our existing cash and cash from operations will be sufficient to fund our operations for at least the next 12 months and other factors discussed under the heading “Risk Factors” in the annual report of the Company for 2021 on Form 20-F filed with the Securities and Exchange Commission on April 1, 2022. Any forward-looking statement made by us in this press release speaks 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 not possible 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.