Wix.com Ltd. (WIX) Q1 2023 Earnings Call Transcript

Wix.com Ltd. (NASDAQ:WIX) Q1 2023 Earnings Conference Call May 17, 2023 8:30 AM ET

Company Participants

Rona Davis - Head PR & Communications
Avishai Abrahami - Chief Executive Officer and Co-Founder
Nir Zohar - President and Chief Operating Officer
Lior Shemesh - Chief Financial Officer

Conference Call Participants

Ygal Arounian - Citigroup
Aaron Kessler - Raymond James
Mark Mahaney - Evercore ISI
Elizabeth Porter - Morgan Stanley
Clarke Jeffries - Piper Sandler
Trevor Young - Barclays
Brent Thill - Jefferies
Andrew Boone - JMP Securities

Operator

Good day and thank you for standing by. Welcome to the Wix Q1 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Rona Davis, Head PR & Communications. Please go ahead.

Rona Davis

Thanks, and good morning everyone. Welcome to Wix's first quarter 2023 earnings call. Joining me today to discuss our results are Avishai Abrahami, CEO and Co-Founder; Nir Zohar, our President and COO; and Lior Shemesh, our CFO.

During this call, we may make forward-looking statements, and these statements are based on current expectations and assumptions. Please consider the risk factors included in our press release and most recent Form 20-F that could cause our actual results to differ materially from these forward-looking statements.

We do not undertake any obligation to update these forward-looking statements. In addition, we will comment on non-GAAP financial results and key operating metrics. You can find all reconciliations between our GAAP and non-GAAP results in the earnings materials and in our Interactive Analyst on the Investor Relations section of our website, investors.wix.com.

With that, I'll turn the call over