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      "text": "Premium Subscriptions 3.1 Million (+33% y/y)",
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      "text": "Net Cash Provided by Operating Activities $22.1 Million (+111% y/y)",
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      "text": "Collections $120.1 Million (+38% y/y)",
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      "text": "Most notably, the combination of the Wix Editor and Wix ADI drove meaningful conversion improvements throughout the third quarter. Wix Artificial Design Intelligence, or Wix ADI, was released roughly one year ago and was the first product to market that uses the power of AI in website design. Users of ADI can create a complete, stunning website, customized to their business and needs, within minutes. Since its release, we have made several improvements to the technology and overall product experience, and these efforts are now showing meaningful results.",
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      "text": "The Wix Code beta has also been a huge success as nearly 7,000 users participated and provided us with valuable feedback. This product, which mainly targets designers and developers, will significantly expand our addressable market and improve conversion as we bring efficiency to the workflow and deliver",
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      "text": "We continue to capitalize on a very large and global market opportunity with a data driven marketing strategy that produced nearly 5.2 million new registered users in the quarter.",
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      "text": "With the progress we have made with ADI, we are now actively working on localizing it for non-English geographies. We continue to improve this product and believe that it will continue to be a growth driver going forward.",
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      "text": "Our third quarter results reflect our continued ability to drive growth through attracting new users to Wix and improving the conversion of registered users to premium subscriptions. Revenue and Collections both exceeded the top end of our guidance range this quarter.",
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