Wix Results Presentation Deck slide image

Wix Results Presentation Deck

Business Outlook The following guidance for Q2 2018 and the updated guidance for full year 2018 are based on ASC 606 and include the benefit from the Google agreement accounting change. This guidance can be compared to 2017 figures that were presented under ASC 606 with our Q4 2017 earnings release. Our guidance reflects the strong start to our year and our continued confidence in the strength of our business. We believe we will continue to experience strong growth in revenue and collections while increasing free cash flow margins. Our methodology used in determining our guidance remains the same as we outlined last quarter. For Q2 2018, we expect the following: Revenue of $144-145 million, reflecting y/y growth of 39-40% o Excluding a $8 million benefit from the Google agreement accounting change, the range would be $136-137 million or 31- 32% y/y growth Collections of $158-159 million, a y/y increase of 35-36% o Excluding a $8 million benefit from the Google agreement accounting change, the range would be $150-151 million or 28- 29% y/y growth Our Q2 2018 guidance reflects anticipated headwinds to collections growth due to the 2018 World Cup, as we mentioned last quarter. Wix.com - 15- Q2'18 Guidance GAAP Revenue $144-145 million 39-40% y/y growth Collections $158-159 million 35-36% y/y growth
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