B2B Partners, User Additions Drive Wix.com’s Q3 Beat, Raises FY21 Revenue Outlook

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Wix.com Ltd. reported third-quarter FY21 revenue growth of 26 percent year-on-year to $320.8 million, beating the consensus of $315.2 million.

Segments

Creative Subscriptions revenue increased 19 percent Y/Y to $241.3 million. The Creative Subscriptions collections climbed 28 percent Y/Y to $292.7 million.

Creative Subscriptions ARR as of the end of Q3 was $992.3 million, up 18 percent Y/Y.