Wix
financial performance please note all financial metrics include the impact of and as both acquisitions closed in collections were a record million in above the high end of our guidance range of million collections growth accelerated for the second consecutive quarter to year over year from year over year last quarter and year over year growth in collections increased quarter over quarter the highest sequential increase in collections since this accelerating top line growth was mostly a result of continued improvements in conversion of registered users to premium subscriptions strong renewal activity and higher collections per new annual subscription as a reminder collections is a non financial measure that represents total cash we collect from customers in a given period primarily from the sale of annual or longer and monthly premium subscriptions it is the sum of revenue and change in deferred revenue for the same period we believe collections is a strong leading indicator of our revenue growth and is a useful metric to best evaluate the overall cash inflow of our business revenue of million was a new record and also exceeded the high end of our prior guidance of million revenue growth accelerated to year over year from last quarter and year over year growth in in compliance us revenue from the sale of subscriptions and domain name registrations is recognized ratably over the term of service either monthly or annually after a day refund period change in deferred revenues was million compared to million last quarter deferred revenue consists almost entirely of amounts received from subscription sales that we expect to recognize within one year while long term deferred revenue consists of amounts we expect to receive in periods i | Wix
Company
Wix
Deck Type
Sector
Industry
Deck date
May 2017
Slide
5 of 16
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