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Wix Reports First Quarter 2021 Results

Wix Reports First Quarter 2021 Results - Strong start to the year with revenue and collections growth exceeding expectations -- Q121 Revenue of $304 million, up 41% y/y -- Q121 Collections of $351 million, up 41% y/y - Continued strong demand across all types of users and online commerce businesses drove accelerating growth and cohort monetization -- Increased conversion of users to subscriptions and increased collections per subscription drove record Q1 2021 user cohort collections of $36.5 mi...
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Wix Reports Fourth Quarter and Full Year 2020 Results

Wix Reports Fourth Quarter and Full Year 2020 Results Acceleration from 2020 expected to carry through 2021 -- raising prior collections growth outlook - Closing out phenomenal year with revenue and collections growth topping expectations -- FY20 Revenue of $989 million, up 30% y/y; Q420 Revenue of $283 million, up 38% y/y -- FY20 Collections of $1.102 billion, up 32% y/y; Q420 Collections of $306 million, up 35% y/y -- Creative Subscriptions ARR increased to $878 million, up 24% y/y, accelerat...
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