WIX.com Ltd. - WIX STOCK NEWS

Wix.com (NASDAQ: WIX) has partnered with Pantone to launch the first-ever web design asset collection featuring the Pantone Color of the Year 2025, PANTONE 17-1230 Mocha Mousse. This exclusive collection, available on Wix Studio, includes dozens of web design assets such as 3D transparent videos, text marquee, video boxes, masks, pre-designed sections, interactive buttons, vector art, and six curated responsive templates.

The collaboration aims to provide web designers with trend-forward creative options incorporating the earthy brown hue that symbolizes warmth and balance. The -edition web capsule is designed to help creators craft immersive websites that combine modern demands with timeless beauty, offering both predesigned elements and customization options.

Wix has been named the Most Accessible Website Platform CMS and Best SEO Performer in the 2024 Web Almanac report by HTTP Archive. The platform achieved exceptional results in accessibility metrics, including alternative text for images and color contrast testing. Wix secured a perfect Lighthouse score of 100 for both mobile and desktop SEO performance.

The recognition highlights Wix's comprehensive accessibility features, including built-in tools like 'skip to main content,' automatic DOM order adjustments, and the Accessibility Wizard. The platform also demonstrated significant improvements in Core Web Vitals, including optimizations for the newly introduced INP metric.

Wix reported strong Q3 2024 results with total bookings of $449.8 million, up 16% year-over-year. Total revenue grew to $444.7 million, up 13% y/y. The company's performance was driven by Studio momentum, AI benefits, and robust commerce activity. Notable highlights include a 13% conversion uplift from AI-powered user onboarding tools and FCF margin expansion to 29%. Partners revenue reached $155.2 million, up 30% y/y. The company raised its full-year guidance, expecting 2H bookings growth of 17% y/y and exit 2024 with 18% y/y bookings growth.

Wix has launched an AI-powered visual sitemap and wireframe generator tool for Wix Studio, designed to enhance website planning efficiency for agencies and enterprises. The tool generates custom sitemaps and wireframes based on input project details including business type, site description, goals, and target audience.

Key features include project overview generation, real-time sync capabilities, built-in business solutions, and simplified client approval processes. The system allows users to customize sitemaps, export them for proposals, and access the Studio editor for wireframe modifications with pre-injected content suggestions.

Wix.com (NASDAQ: WIX) and The Society of Digital Agencies (SoDA) have released a special edition of the SoDA Report focusing on storytelling in modern web experiences. The report explores how agencies can leverage storytelling as a competitive advantage, examining trends, challenges, and opportunities in digital storytelling.

The collaboration combines SoDA's agency expertise with Wix Studio's digital solutions to provide insights on best practices for cross-device storytelling, emerging technologies like VR and AI, and immersive personalized experiences. The report aims to help agencies refine their strategies and create adaptive digital experiences in the evolving industry.

Wix.com (NASDAQ: WIX) announced its participation in a fireside chat at the UBS Global Technology and AI Conference on December 4, 2024, at 12:15 PM MST (2:15 PM EST). The event will be accessible via live webcast at this link. An archived replay will be available on Wix's investor relations website at this link.

Wix (Nasdaq: WIX) has announced it will release its third quarter 2024 financial results on November 20, 2024, before market opening. Management will host a conference call and webcast at 8:30 a.m. ET to discuss the results. The company will issue a press release, shareholder update, and additional materials prior to the call. A replay of the conference call will be available for 12 months. Wix identifies itself as the leading SaaS website builder platform globally, based on active live sites as of H1 2024.

Wix.com (NASDAQ: WIX) and Agency Hackers have released the Agency Forecast Report, offering insights into the current state of the agency world. The report, based on surveys from over 80 agency leaders globally, reveals key trends and challenges in the evolving marketing industry. Notable findings include:

- Average confidence level of 6.6 out of 10 among agency leaders
- 72% cite talent acquisition and retention as a significant challenge
- 62% are exploring new market opportunities or niche offerings
- 55% report increased client demand for shorter contracts or project-based work
- 75% plan to increase investment in their own marketing efforts
- 55% focus on strengthening existing client relationships for growth

The report highlights the need for adaptability and strategic foresight in the rapidly changing agency landscape, with Wix Studio supporting agencies through innovative products to enhance efficiency and quality.

Wix.com (NASDAQ: WIX) has launched an AI theme assistant to enhance website design. This tool offers personalized guidance and real-time suggestions through a conversational chat interface, helping users create cohesive website themes. The assistant, integrated into the Wix Editor, can recommend features, direct users to specific dashboard areas, and advise on optimizing design elements.

Oded Nachshon, Head of Wix Editor, emphasized the assistant's role in translating creative needs into actionable steps. CEO Avishai Abrahami highlighted this as one of many AI assistants Wix is introducing to support users throughout their online experience. The theme assistant is now available to Wix users in English.