Wix
third quarter financial highlights million million million million million maintained very strong momentum in our business from the first half of the year and delivered another exceptional quarter we exceeded the top end of our outlook across all key financial metrics and set new records for revenue collections and adjusted this quarter was highlighted by continued growth in excess of an all time high in conversion and collections per new subscription increased adoption of our vertical applications and continued acceleration in our us business in addition to our outstanding financial performance we took greater market share in the us through targeted branding campaigns and direct acquisition and we further extended our technology leadership with global launches of artificial design intelligence and the mobile we are materially raising our full year financial outlook as we have greatly exceeded our initial growth expectations from the start of and we are even more optimistic on our ability to drive improvements in conversion and collections per new subscription than we were at the end of last quarter third quarter highlights continued strong execution drove record performance and our focus on product and technology as well as our effective marketing and branding drove further improvement in our key performance metrics registered users increased million during the quarter bringing our total user base to million premium subscriptions increased year over year to million we added net premium subscriptions during the quarter our second highest quarter ever conversion of new registered users to paid subscriptions improved in compared to and reached an all time high | Wix
Company
Wix
Deck Type
Sector
Industry
Deck date
November 2016
Slide
2 of 14
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