Record new Users and Conversions Contribute to Wix.com (WIX) Revenue Beat; RBC Capital Reiterates Outperform
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Wix.com Reports Third Quarter 2015 Results
November 4, 2015 1:00 AM ESTCollections Increase of 47% Year-Over-Year on a Constant Currency Basis, Exceeding Prior Outlook
Non-GAAP Gross Margin Increases over Prior Quarter to 84%
Adjusted EBITDA of $4.7 million, a Quarter-Over-Quarter Increase of 34%, Exceeds Prior Outlook; Increasing Full Year Outlook
Added 140,000 Net Premium Subscriptions, the Largest Quarterly Net Increase in the Company's History, for a Total of Over 1.6 million
Investment in R&D Paying Off: New Wix Editor Successfully Launched and Improving Conversion of... More
Wix.com Reports Third Quarter 2015 Results
November 4, 2015 1:00 AM ESTCollections Increase of 47% Year-Over-Year on a Constant Currency Basis, Exceeding Prior Outlook
Non-GAAP Gross Margin Increases over Prior Quarter to 84%
Adjusted EBITDA of $4.7 million, a Quarter-Over-Quarter Increase of 34%, Exceeds Prior Outlook; Increasing Full Year Outlook
Added 140,000 Net Premium Subscriptions, the Largest Quarterly Net Increase in the Company's History, for a Total of Over 1.6 million
Investment in R&D Paying Off: New Wix Editor Successfully Launched and Improving Conversion of... More
