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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
Q1 21 Revenue of $304 million, up 41% y/y
Q1 21 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 million, 32% higher than the Q1 2020 user cohort in its first quarter
Creative Subscriptions Revenue and Collections were both up 28% y/y, accelerating sequentially and over the year ago quarter ....

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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
FY 20 Revenue of $989 million, up 30% y/y; Q4 20 Revenue of $283 million, up 38% y/y
FY 20 Collections of $1.102 billion, up 32% y/y; Q4 20 Collections of $306 million, up 35% y/y
Creative Subscriptions ARR increased to $878 million, up 24% y/y, accelerating for the fourth consecutive quarter
- Influx of online commerce businesses and growth of Business Solutions applications and services driving improving retention and increase in cohort value ....

United States , New York , Beer Sheva , Vilniaus Apskritis , Ukraine General , Tel Aviv , San Francisco , Lior Shemesh , Los Angeles , Avishai Abrahami , Maggie Odonnell , Exchange Commission On , Business Solutions Revenue , Business Solutions Collections , Business Solutions , Wix Payments , Customer Care , Gross Payments Volume , Wix Point , Account Management , Cash Flow , Investor Relations , Wix Editor , App Market , Cedar Rapids , Key Operating ,

Shopify Crushes Earnings, Here's How to Play It


Shopify Crushes Earnings, Here s How to Play It
Yet the stock is lower on Wednesday and the reason behind the selloff is plain to see.
Stocks quotes in this article:
SHOP,
AMZN,
WMT
What a Quarter!! Uh oh. Canadian-based Shopify (SHOP) went to the tape with another outstanding quarter on Wednesday morning. First, a quick refresher for the new kids. Shopify, in a way, competes with Amazon (AMZN) and Walmart (WMT) for e-commerce dollars. Shopify sets up websites for small business owners, and partners with them to handle some of the things that are hard for small businesses to either find time to do themselves or afford adding qualified payroll to take care of. such as running digital payments and shipping. Shopify has also become involved in business lending as the pandemic has had an outsized impact on small businesses in general. ....

Jim Cramer , Quarterly Merchant Solutions , Merchandise Volume , Gross Payments Volume , Merchant Solutions , Wall Street , Relative Strength Index , The Street , Stephen Guilfoyle , ஜிம் க்ரேமர் , காலாண்டு வணிகர் தீர்வுகள் , பொருட்கள் தொகுதி , மொத்த கொடுப்பனவுகள் தொகுதி , வணிகர் தீர்வுகள் , சுவர் தெரு , உறவினர் வலிமை குறியீட்டு , தலைப்புச் செய்திகள் , தி தெரு , ஸ்டீபன் கில்ஃபோயில் ,