Wix
for operating expenses in we will continue to grow our marketing investment consistent with recent years we expect to gain leverage on collections of approximately on this investment throughout compared to this includes the investment in our brand toward the designer and developer market we expect total operating expenses to be impacted by the recent strengthening of the shekel relative to the us dollar we have been successful in hedging our exposure to the shekel throughout however in recent months the shekel has continued to strengthen if it remains at its current level into it will increase our costs in by approximately million which will mainly impact our costs for in addition as previously stated we will invest an additional million in in which will mostly impact our costs for including the potential impact from the movement in the shekel our investment in and our organic growth in we expect total expenses to grow roughly over | Wix
Company
Wix
Deck Type
Sector
Industry
Deck date
November 2017
Slide
15 of 19
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