Wix Results Presentation Deck slide image

Wix Results Presentation Deck

Business Outlook The strong momentum in our business that we experienced in Q1 - which drove us to materially increase our full year guidance - continued through Q2, and we are excited about the second half of the year. We are reaffirming our full year guidance for 2017: Revenue in the range of $421 to $423 million, an increase of 45% to 46% year over year ● ● ● ● ● Collections in the range of $473 to $477 million, representing annual growth of 38% to 39% - 10- Free Cash Flow of $67 to $68 million Non-GAAP S&M expense as a percent of collections of approximately 40% to 41% for the full year We continue to expect our basic share count will be approximately 48 to 49 million shares outstanding and our fully diluted share count will be roughly 57 to 58 million shares outstanding at year end Our outlook for the third quarter of 2017 is as follows: Revenue in the range of $109 to $110 million, representing 44% to 45% annual growth Annual stock-based compensation expense of approximately $39 to $40 million and capital expenditures of roughly $6 - $7 million Collections of $117 to $118 million, representing 34% to 35% year over year growth Non-GAAP Financial Outlook (In $ millions) GAAP Revenue % Y/Y Collections % Y/Y S&M (% collections) OpEx (% collections) Capex Free Cash Flow % Collections SBC Expense Basic Shares O/S Fully Diluted Shs O/S 2017 2017 (May 2017) (Re-affirmed) $417-419 44% $461-467 35-37% $421-423 45-46% $473-477 38-39% 40-41% 40-41% 70-71% 70-71% ~$6-7 ~$6-7 $63-64 13-14% $67-68 14% ~$39-40 ~$39-40 48-49mn 48-49mn 57-58mn 57-58mn Q3'17 Initial $109-110 44-45% $117-118 34-35% WIX.com
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