Wix
third quarter highlights our third quarter results reflect our continued ability to drive growth through attracting new users to and improving the conversion of registered users to premium subscriptions revenue and collections both exceeded the top end of our guidance range this quarter we continue to capitalize on a very large and global market opportunity with a data driven marketing strategy that produced nearly million new registered users in the quarter conversion reached all time high levels in the third quarter improvements can be attributed to new products we have released and the ongoing improvements to existing products throughout the year we added net premium subscriptions in the third quarter most notably the combination of the editor and drove meaningful conversion improvements throughout the third quarter artificial design intelligence or was released roughly one year ago and was the first product to market that uses the power of in design users of can create a complete stunning to their business and needs within minutes since its release we have made several improvements to the technology and overall product experience and these efforts are now showing meaningful results with the progress we have made with we are now actively working on localizing it for non geographies we continue to improve this product and believe that it will continue to be a growth driver going forward the code beta has also been a huge success as nearly users participated and provided us with valuable feedback this product which mainly targets designers and developers will significantly expand our market and improve conversion as we bring efficiency to the and deliver third quarter financial highlights million million million million million million results guidance million million million million | Wix
Company
Wix
Deck Type
Sector
Industry
Deck date
November 2017
Slide
2 of 19
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