Wix.com Ltd (NASDAQ:WIX) shares plummeted 5.17% in the pre-market trading on Wednesday following the company's mixed fourth-quarter results and disappointing guidance for the first quarter and full year 2025. The website building platform reported earnings per share of $0.80, beating analysts' estimates of $0.68. However, its revenue of $460 million fell short of the consensus estimate of $461.7 million.

The company's guidance for the first quarter of 2025 also missed expectations. Wix projected revenue between $469 million and $473 million, falling short of the analysts' estimate of $491.67 million. For the full year 2025, the company expects revenue in the range of $1.97 billion to $2 billion, which is slightly below the consensus estimate of $2.018 billion.

Despite anticipating strong bookings and revenue growth driven by existing growth initiatives and product enhancements, Wix acknowledged significant foreign exchange headwinds for 2025, particularly in its non-U.S. dollar revenue streams. The strengthening U.S. dollar against currencies like the Euro and British pound is expected to adversely impact the company's top-line outlook.