Wix
we are also updating our guidance for stock based compensation expense which we now expect to be approximately million for the full year for the fourth quarter of we expect the following collections of to million representing to year over year growth we do not expect year over year changes in rates to have a material impact on collections revenue in the range of to million representing to annual growth adjusted of to million this will be the last quarter that we provide guidance for adjusted for the fourth quarter we also expect to be profitable by approximately million on a non operating income basis we are very excited about our momentum as we begin to look ahead to our investment in product development led to several product launches throughout the year driving continued improvements in conversion and collections per new subscription these improvements have allowed us to continue to grow our investment in marketing and brand development while remaining within our targeted return levels with subscriptions and collections expected to continue growing at very healthy levels we anticipate that we will generate positive non operating income for the full year we will provide a more detailed look into including formal guidance on our earnings call in | Wix
Company
Wix
Deck Type
Deck date
November 2016
Slide
12 of 14
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