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The company's stock fell to a five-year low of $51.60 on Wednesday.The company posted a loss of $57.5 million, or $1.02 a share, compared with a profit of $33.8 million, or 61 cents a share, a year earlier.Adjusted per-share earnings came in at 68 cents a share. Analysts polled by FactSet expected $1.24 a share.Revenue rose to $541.2 million from $473.7 million. Analysts expected $544 million.The company's operating expenses rose to $423.1 million from $284.5 million a year earlier, particularly in its research and development and selling and marketing categories.The company reafirmed its full year outlook and expects bookings nad revenue to grow at mid-teens percentage on a year-over-year basis. 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Sales and marketing costs rose 50% from last year to $167.8 million.The stock slid 29% on Wednesday. Shares are down 72% over the last year as investors worry about disruption by artificial-intelligence tools.Wix has responded by integrating AI into its own offerings. Base44, which saw outsized demand in the quarter, utilizes AI. 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