Wix
results guidance million million million million million third quarter highlights results highlighted by combination of strong top line growth which exceeded expectations revenue in was up and ahead of the top end of guidance collections in were up and ahead of the top end of guidance improvements to existing products and new product development drove conversion higher and contributed positively to average revenue per subscription pricing changes also drove higher in ongoing marketing execution and the improving strength of our brand contributed positively to results and growing profitability illustrating the strength of our business model free cash flow was up cash flow from operations was a record non operating income reached an all time high of up increasing leverage driven by positive returns on investments in marketing and cohort performance remains strong and monetization is improving as conversion increased and was up conversion of registered users to premium subscriptions increased through due to continued product development and outstanding execution of our data driven marketing strategy rose due to increased adoption of vertical applications third party applications including suite and pricing changes the user cohort is on pace to achieve a time to return on investment of months indicating that acquisition costs per premium subscription are not increasing sey seem ill | Wix
Company
Wix
Deck Type
Sector
Industry
Deck date
November 2018
Slide
3 of 24
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