Wix
fourth quarter financial performance million million million million million million our consistent confirms that leveraging our investments and utilizing technology to execute our marketing strategy leads to strong financial returns we have a robust product development pipeline planned for and plan to introduce a new product to our user and developer communities that significantly expands the capabilities of our platform and further strengthens our technology leadership fourth quarter highlights highlighted by acceleration of top line growth exceeding top end of guidance our business continues to perform better than expected as we set a new record for quarterly revenue and collections and exceeded the high end of our prior guidance revenue grew year over year in last quarter collections growth accelerated to from in sharp profit inflection and cash flow generation operating losses turned to operating profits during the quarter as we delivered our first quarterly profit ever non operating income was million in compared to a loss of million in and our outlook for we generated positive free cash flow of million in the quarter our ability to deliver high growth profitability and positive cash flow at scale is unique amongst our peers and is a direct result of our product innovation and marketing execution adjusted was positive for the seventh consecutive quarter at a record million and was also above the high end of our guidance continued improvement in key performance metrics our focus on product and technology as well as our effective marketing and branding drove further improvement in our key performance metrics | Wix
Company
Wix
Deck Type
Deck date
February 2017
Slide
3 of 16
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