Reports Q3 revenue $345M.81M, consensus $343.33M. "Wix continues to be the preferred platform for millions globally. Demand for building, maintaining, and growing an online presence remains healthy, driving strong business fundamentals for Wix this quarter," said Avishai Abrahami, Wix co-founder and CEO. "As the operating environment remains dynamic and uncertainties persist, we focused on carrying out the cost savings plan introduced last quarter, while continuing to execute on strategic initiatives. Through the team’s hard work, profitability improved this quarter while we simultaneously made meaningful strides in product innovation."
Published first on TheFly
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