Reglikedomain industry desk

180k paying subscribers in Q1 — Wix nets

180k paying subscribers in Q1 — Wix nets

Wix adds fewer paying clients in Q1 compared to a year ago.

Wix website builder logoWebsite builder Wix (NASDAQ: WIX) added a net 180,000 paying clients in Q1 2019, the firm noted in its earnings release today. That brings the total to 4.2 million.

By comparison, it added 231,000 net paying clients in Q1 2018 and 147,000 in Q4 2018.

Wix added 6.6 million fresh registered users in the quarter, bringing the total to 148 million. Only regarding 3% of its registered users are paying clients.

Revenue for the quarter was $174.3 million, up 27% year-over-year. Collections (essentially billings) were up 26% to $200.4 million.

The firm expects Q2 revenue in the $182 million – $184 million range.

Read the DNW Wix review.

Also on the wire

Other reporting from the domain desk.

“Direct to SnapNames” Functionality — Moniker ReleasesServices“Direct to SnapNames” Functionality — Moniker ReleasesPatent for domain name suggestion/registration via chatbot — Verisign getsServicesPatent for domain name suggestion/registration via chatbot — Verisign getsLServicesLike more Reglike instructional videos? — Would youRaises $4 million for blockchain domain names — Unstoppable DomainsServicesRaises $4 million for blockchain domain names — Unstoppable DomainsHDomain RegistrarsHat into domain parking ring — GoDaddy throwsLatest owner of DNForum — Epik becomesServicesLatest owner of DNForum — Epik becomesDomaining.com compromisedServicesDomaining.com compromisedAServicesA legitimate gripe regarding .blog, but really fresh TLDs in generalMeetup in Houston this month — Domain nameServicesMeetup in Houston this month — Domain name