Wix.com Ltd. reported fourth-quarter FY21 revenue growth of 16 percent year-on-year to $328.3 million, missing the consensus of $331.2 million. Wix.com is a global SaaS platform to create, manage, and grow an online presence. Segments Creative Subscriptions revenue increased 15 percent Y/Y to $246.7 million. The Creative Subscriptions bookings climbed 12 percent Y/Y to $264 million. Creative Subscriptions ARR was $1.01 billion, up 15 percent Y/Y. Business Solutions’ revenue rose 19 percent to $81.7 million, and the bookings jumped 25 percent Y/Y to $87.5 million. The non-GAAP gross margin contracted 300 bps to 62 percent as costs surged 24.7 percent Y/Y. Non-GAAP EPS loss of $(0.37) beat the consensus loss of $(0.38). Wix.com generated $21 million in operating cash flow and held $1.3 billion in cash and equivalents. Outlook Wix.com sees Q1 2022 revenue to grow 11 percent – 13 percent Y/Y to $338 million – $343 million, below the consensus of $355.3 million. The company’s Q1 2021 saw revenue …