AMC
adjustments by quarter | AMC
Company
AMC
Deck Type
Sector
Industry
Deck date
April 2019
Slide
16 of 16
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Wix
Results
July 2018
financial performance the following financial results for are presented under as well as for comparability purposes second quarter of financial results are presented under a reconciliation of the second quarter results under and as well as a reconciliation of other non measures discussed in this document are presented in the tables of our earnings press release the following results are also presented unless noted using the change in accounting we announced last quarter related to our revised agreement with beginning in we changed our method of accounting for revenue and collections from net agent to gross principal as previously stated this impact is an approximately million benefit to revenue and collections and approximately million each quarter in this impact also has resulted in a year over year decrease in our and non gross margin revenue in was up exceeding the high end of our guidance range of under revenue would have been million an increase of collections in were up and exceeded the high end of our guidance range of this quarter was driven by conversion and retention exceeding expectations as well as an increase in the adoption of vertical applications changes in currency rates positively impacted collections in by an immaterial amount and were included in the guidance that was provided for the quarter i | Wix
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