With interest rates rising, it has become increasingly difficult for tech companies to grow using the growth-at-all-cost model. Investors are being very picky with the companies they invest in while punishing companies that show no discipline in their expenses. Over the past months, companies have learned to pivot to newer cost models to survive in high-rate environments by reigning in their expenses while growing their businesses. Wix.com Ltd. (WIX, Financial) is one such company that has very quickly adap ...

Wix.com Ltd. (NASDAQ:WIX) Q3 2023 Earnings Call Transcript November 9, 2023 8:30 AM ET Company Participants Emily Liu - IR Avishai Abrahami - CEO & Co-Founder Nir Zohar - President & COO Lior Shemesh - CFO Conference Call Participants Trevor Young - Barclays Ygal Arounian - Citi Andrew Boone - JMP Securities Chris Zhang - UBS Bernie McTernan - Needham and Company Ken Wong - Oppenheimer & Company Mark Zgutowicz - Benchmark Company Operator Good day, and thank you for standing by. Welcome to the Wix Q3 2023 C ...

Third Quarter | November 2023 WIX Forward Looking Statements our expectation that we will effectively manage our infrastructure; our expectations regarding the outcome of any regulatory investigation or litigation, including class actions; our expectations regarding future changes in our cost of revenues and our operating expenses on an absolute basis and as a percentage of our revenues, as well as our ability to achieve and maintain profitability; our expectations regarding changes in the global, national, ...

Exhibit 99.1 Wix Reports Third Quarter 2023 Results NEW YORK, November 9, 2023 -- Wix.com Ltd. (Nasdaq: WIX), the leading SaaS website builder platform globally , today reported financial results for the third quarter of 2023. In addition, the Company provided its outlook for the fourth quarter and raised its outlook for full year 2023. Please visit the Wix Investor Relations website at https://investors.wix.com/ to view the Q3'23 Shareholder Update and other materials. 3 "Wix's performance in the third qua ...

Avishai Abrahami - Chief Executive Officer and Co-Founder Ken Wong - Oppenheimer & Co Good day and thank you for standing by. Welcome to the Wix Q2 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded. With that, I'll turn the call over to Avishai. Corporate Participants Conference Call Participants Chris Zhang ...

Partners and Transaction Revenue Partners Revenue $64,883 $70,061 $77,007 $81,996 $84,893 $86,696 $94,584 $103,862 $115,163 $154,292 $269,955 $348,169 2-year CAGR 71% 67% 68% 68% 56% 47% 37% 34% 33% - 70% 50% Transaction Revenue $32,438 $32,290 $36,132 $36,557 $36,758 $36,040 $38,870 $42,298 $44,527 $55,783 $130,314 $148,226 2-year CAGR 468% 160% 149% 149% 86% 70% 21% 20% 17% - 242% 63% Company Overview | Second Quarter 2023 Cumulative Cohort change in deferred revenues $1 $1 $2 $4 $5 $7 $12 $16 $18 $21 $23 ...

Exhibit 99.1 Wix Reports Second Quarter 2023 Results NEW YORK, August 3rd, 2023 -- Wix.com Ltd. (Nasdaq: WIX) today reported financial results for the second quarter of 2023. In addition, the Company provided its outlook for the third quarter and updated outlook for full year 2023. Please visit the Wix Investor Relations website at https://investors.wix.com/ to view the Q2'23 Shareholder Update and other materials. "It has been an incredible past six months at Wix on many fronts as we generated accelerating ...

Color IMAGE COLORS Company Overview First Quarter 2023 // not + Edit Grid Choose a layout WiX 8 10 100 Safe Harbor . Non-GAAP Financial Measures and Key Operating Metrics To supplement its consolidated financial statements, which are prepared and presented in accordance with U.S. GAAP, Wix uses the following non-GAAP financial measures: bookings, cumulative cohort bookings, bookings on a constant currency basis, revenue on a constant currency basis, non-GAAP gross margin, non-GAAP operating income (loss), n ...

Wix.com Ltd. (NASDAQ:WIX) Q1 2023 Earnings Conference Call May 17, 2023 8:30 AM ET Company Participants Rona Davis - Head PR & Communications Avishai Abrahami - Chief Executive Officer and Co-Founder Nir Zohar - President and Chief Operating Officer Lior Shemesh - Chief Financial Officer Conference Call Participants Ygal Arounian - Citigroup Aaron Kessler - Raymond James Mark Mahaney - Evercore ISI Elizabeth Porter - Morgan Stanley Clarke Jeffries - Piper Sandler Trevor Young - Barclays Brent Thill - Jeffer ...

Exhibit 99.1 Wix Reports First Quarter 2023 Results NEW YORK, May 17, 2023 -- Wix.com Ltd. (Nasdaq: WIX) today reported financial results for the first quarter of 2023. In addition, the Company provided outlook for the second quarter and updated outlook for full year 2023. Please visit the Wix Investor Relations website at https://investors.wix.com/ to view the Q1'23 Shareholder Update and other materials. "Wix was founded over 15 years ago to bring simplicity to people who wanted to use the internet and we ...