Wix Results Presentation Deck slide image

Wix Results Presentation Deck

a richer front-end development environment for these types of users. With the success of the beta, we intend to begin rolling out Wix Code globally in the coming weeks. We continue to increase our rate of return on investments in marketing and R&D as free cash flow increased 101% y/y to $18.9 million in the third quarter. We continue to demonstrate an ability to generate free cash flow while maintaining investment in the business to drive growth. Our total cash balance increased to $209.7 million at the end of Q3. We are increasing our annual guidance for revenue, collections and free cash flow, reflecting our continued confidence in the execution of product innovation and world class marketing. Looking ahead, we expect that the same drivers of growth in 2017 - new products, continued improvements to existing products and a data driven marketing strategy - will fuel our growth in 2018. - 2- Wix.com
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