Wix.com (WIX) raises full-year revenue guidance after positive H1
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Wix Reports Second Quarter 2023 Results
August 3, 2023 1:00 AM EDTOutperformance continued in the second quarter with total revenue of $390.0 million exceeding expectations, up 13% y/y as Creative Subscriptions and Business Solutions revenue growth accelerated for third consecutive quarterGrowing number of Partners1 building on Wix and higher usage of Wix for projects with improved monetization driving growth acceleration of Partners revenue to $115.2 million, up 36% y/yBenefits from operational efficiencies completed over the past year across the organization drove continued profitability improvements, resulting in... More
