(Wix.com) Wix reported a net income of $37 million in the second quarter, compared to a loss of $57.7 million in the same period last year amid positive business traction.
The company announced $316 million in revenue in the second quarter, an increase from $236 million reported in the same period last year.
Wix’s total half-year revenue was $620 million, up from $452 million in the same period last year.
The Israeli software company had -$22.9 million in the first half-year net profit, which was an improvement as compared to -$96.9 million reported in the same period last year.
The company updated its 2021 full-year revenue outlook to between $1.255 billion and $1.27 billion, with collections at between $1.4 billion and $1.435 billion.
WIX: NASDAQ is down -10.59% on pre-market.
