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:
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We are increasing our FY 2018 guidance as follows:
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Revenue of $152-153 million, reflecting y/y growth of 37-38%
Collections of $161-162 million, a y/y increase of 34-35%
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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
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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 millionView entire presentation