Wix
guidance revenue million growth collections million growth business outlook the following guidance for is based on the new revenue recognition standard the new standard requires us to recognize the full amount of revenue and cost from the sale of domain names and third party applications at the time of sale rather than over the term of the subscription the new standard does not affect cash flow from operating activities or free cash flow we will use the modified retrospective method to affect this change in our financial statements however in order to compare our guidance with results we have provided our results by quarter under the new standard in a separate presentation that is posted on our our guidance underscores the strength of our business heading into we believe we will continue to experience strong growth in revenue and collections while increasing free cash flow margins for we expect the following revenue of million reflecting growth of excluding the million benefit from the change in accounting associated with the agreement amendment the range would be million or growth collections of million a increase of this range includes roughly million in benefit we will recognize in collections from the change in accounting for sales under our new partnership agreement with excluding this benefit collections guidance would be million or growth | Wix
Company
Wix
Deck Type
Sector
Industry
Deck date
March 2018
Slide
15 of 25
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