Here's How WIX is Placed Just Ahead of Q1 Earnings Release

Growth in the number of registered users and premium subscriptions are key revenue drivers. At the end of fourth-quarter 2023, registered users were 263 million. Average revenue per subscription is likely to have been driven by the shift to higher-tier packages, high pricing, and increased adoption and usage of business solution products. Healthy adoption of WIX Studio is likely to have driven the overall monetization of partner cohorts. In the last reported quarter, revenues from Partners business grew nea ...