Wix Results Presentation Deck slide image

Wix Results Presentation Deck

Business Outlook The following guidance for Q3 2018 and the updated guidance for full year 2018 are based on ASC 606 and include the benefit from the Google agreement accounting change. For purposes of comparison to 2017 figures, please refer to the tables that were presented under ASC 606 with our Q4 2017 earnings release. The initial guidance for Q3 2018 and increase to our full year guidance reflects our continued confidence in the trends in our business through the second half of the year. We believe collections and revenue growth will continue, combined with increasing free cash flow. For Q3 2018, we expect the following: ● ● We are increasing our FY 2018 guidance as follows: ● Revenue of $152-153 million, reflecting y/y growth of 37-38% Collections of $161-162 million, a y/y increase of 34-35% ● Revenue of $597-599 million, reflecting y/y growth of 40-41% and an increase to our prior guidance of $594-597 million Collections of $656-660 million, a y/y increase of 36% and an increase to our prior guidance of $651-657 million Free cash flow of $101-103 million, reflecting y/y growth of 43-46% and higher than our prior guidance of $100-102 million Wix.com - 16- Q3'18 Guidance GAAP Revenue $152-153 million 37-38% y/y growth Collections $161-162 million 34-35% y/y growth FY 2018 Guidance GAAP revenue $597-599 million 40-41% y/y growth Prior Guidance: $594-597 million Collections $656-660 million 36% y/y growth Prior Guidance: $651-657 million Free cash flow $101-103 million 43-46% y/y growth Prior Guidance: $100-102 million
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