Wix.com Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 393.84 million compared to USD 345.81 million a year ago. Net income was USD 6.98 million compared to net loss of USD 47.36 million a year ago. Basic earnings per share from continuing operations was USD 0.12 compared to basic loss per share from continuing operations of USD 0.81 a year ago. Diluted earnings per share from continuing operations was USD 0.12 compared to diluted loss per share from continuing operations of USD 0.81 a year ago.
For the nine months, revenue was USD 1,157.89 million compared to USD 1,032.63 million a year ago. Net income was USD 30.18 million compared to net loss of USD 385.89 million a year ago. Basic earnings per share from continuing operations was USD 0.53 compared to basic loss per share from continuing operations of USD 6.66 a year ago. Diluted earnings per share from continuing operations was USD 0.52 compared to diluted loss per share from continuing operations of USD 6.66 a year ago.