Disclaimer

Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.

Wix.com Ltd. (“WIX”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only.

By clicking “Accept” you acknowledge and agree that neither WIX nor third party provider Virtua Research, Inc. (“Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the External Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against WIX and Virtua and further acknowledge and agree that in no event shall WIX or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to this disclaimer or the External Site.

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if WIX and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s).

If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-GAAP Information

To supplement its consolidated financial statements, which are prepared and presented in accordance with U.S. GAAP, Wix uses the following non-GAAP financial measures: collections, non-GAAP gross margin, non-GAAP operating income (loss), non-GAAP net income (loss), non-GAAP net income (loss) per share, free cash flow, non-GAAP R&D expense, non-GAAP S&M expense, and non-GAAP G&A expense (collectively the "Non-GAAP financial measures"). Collections represents the total cash collected by us from our customers in a given period and is calculated by adding the change in deferred revenues for a particular period to revenues for the same period. Non-GAAP gross margin represents gross profit calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, acquisition-related costs and amortization, divided by revenue. Non-GAAP operating income (loss) represents operating income (loss) calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, amortization, and acquisition-related costs. Non-GAAP net income (loss) represents net loss calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, amortization, and acquisition-related costs. Non-GAAP net income (loss) per share represents non-GAAP net income (loss) divided by the weighted average number of shares used in computing GAAP income (loss) per share. Free cash flow represents net cash provided by (used in) operating activities less capital expenditures. Non-GAAP R&D expense represents R&D expense calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, acquisition-related costs and amortization. Non-GAAP S&M expense represents S&M expense calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, acquisition-related costs and amortization. Non-GAAP G&A expense represents G&A expense calculated in accordance with GAAP as adjusted for the impact of sharebased compensation expense, withdrawn secondary offering expenses and acquisition-related costs.

The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. The Company uses these non-GAAP financial measures for financial and operational decision making and as a means to evaluate period-to-period comparisons. The Company believes that these measures provide useful information about operating results, enhance the overall understanding of past financial performance and future prospects, and allow for greater transparency with respect to key metrics used by management in its financial and operational decision making.

For more information on the non-GAAP financial measures, please see the "Reconciliation of GAAP to Non-GAAP Financial Measures" table on the External Site. This accompanying table has more details on the GAAP financial measures that are most directly comparable to non-GAAP financial measures and the related reconciliations between these financial measures. The Company has not reconciled its guidance as to free cash flow to cash flow from operations because it does not provide guidance for cash flow from operations. As items that impact cash flow from operations are out of the Company's control and/or cannot be reasonably predicted, the Company is unable to provide such guidance. Accordingly, a reconciliation to cash flow from operations is not available without unreasonable effort.

NASDAQ: WIX Price: 104.35 Change: -0.30 -0.29% Volume: 418,433 4:00 ET on Jul 20, 2018 price delayed 20 minutes

Wix Code Launches Today: Introducing Powerful New Features on the Wix Platform and Expanding User Experience

12/05/2017

-- All-in-one coding environment paired with the powerful visual Wix Editor requiring no setup
-- Robust websites and easy to build web applications using JavaScript
-- Explore Wix Code: wix.com/code/home

NEW YORK, Dec. 5, 2017 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX) has launched Wix Code, a powerful development platform that allows users to significantly extend the functionality of their online presence.

 (PRNewsfoto/Wix)

Advanced functionality made easy:
With Wix Code, creators, designers and developers can take advantage of a serverless development environment that features an array of advanced functions to create content-rich, custom websites and web applications. The innovative product combines the sophisticated Wix Editor with a powerful new set of development capabilities.

Starting with the drag-and-drop Wix Editor that features hundreds of design and website components, users can design a front end, then employ Wix Code developer tools to add advanced functionality and capabilities to the back end. For example, use it to create a directory, an online marketplace or add animations for a custom feel. Wix Code includes features that are built into the platform and don't require code to implement.

For developers, Wix Code enables easier web application creation, providing the ability to use databases to manage content, APIs to connect with external services and the ability to expose the web application as an API. This significantly reduces the need for website managers to juggle updating themes, hosts, content management systems (CMSs), plugins, content delivery networks (CDNs) and other third-party products.

Wix Code provides an all-in-one platform, hosted in the secure Wix cloud, that allows users to spend their time creating, rather than on complicated setup and maintenance. These capabilities are coupled with the Wix OS backend to manage all operational aspects of a business, blog, portfolio and more.

What our users are saying:
With Wix Code, developer Andreas Kviby built aroundme.ai - a Facebook Messenger bot that provides localized recommendations for events:

"I have been a developer and in the business of designing websites since late 1996. I have been through some major changes along the way, but I have never seen anything like Wix Code. It is the best software- as-a-service I've experienced. By using Wix Code we will save about 50 percent of our time, or more, compared to the time it would typically take to build on other platforms. It is amazing when you can create client apps in days instead of weeks. For designers who are not coders, they can now take some code and extend sites for clients in no time. So, with very little training, small business design studios can deliver sites that they never would have been able to produce on their own before Wix Code."

Notable features include:

  • Database collections: Store content or information in a database, including importing and exporting CSV files to use anywhere on your website, or set up custom user input forms to collect user data.
  • Dynamic pages: Set up a single design style template and create hundreds of pages and update content in a click. Each individual page is created automatically with its own unique URL and is SEO compatible.
  • Integrated development environment: The serverless web solution provides page-by-page coding panels that automatically label page components, adding function or custom interactions to a website. No HTML or CSS necessary.
  • Full back end coding: Extend website functionality with JavaScript and APIs. Internal APIs are easy to use with minimal coding knowledge or easily connected to external APIs.

The launch today follows the successful global beta trial of Wix Code announced in July 2017.

Learn more about Wix Code here: https://www.wix.com/code/home

Wix Code feature pages:
Databases: https://www.wix.com/code/home/database 
Dynamic Pages: https://www.wix.com/code/home/dynamic-pages 
User Input: https://www.wix.com/code/home/user-input 
Interactions: https://www.wix.com/code/home/interactions 
Wix Code APIs: https://www.wix.com/code/home/api 
Repeating Layouts: https://www.wix.com/code/home/repeaters 
Video Tutorials :https://www.wix.com/code/home/videos 

About Wix
Wix is leading the way with a cloud-based development platform for over 118 million registered users worldwide. Wix was founded on the belief that the Internet should be accessible to everyone to develop, create and contribute. Through free and premium subscriptions, Wix empowers millions of businesses, organizations, artists, and individuals to take their businesses, brands and workflow online. The Wix Editor, Wix ADI, a highly curated App Market, and Wix Code enable users to build and manage a fully integrated and dynamic digital presence. Wix's headquarters are in Tel Aviv with offices in Be'er Sheva, Berlin, Dnipro, Kiev, Los Angeles, Miami, New York, San Francisco, São Paulo and Vilnius.

Visit us: on our blog, Facebook, Twitter, Instagram, LinkedIn, Pinterest and Google+

Download: Wix App is available for free on Google Play and in the App Store

Media contact: Vivian Hernandez, 415-517-6539, pr@wix.com.

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SOURCE Wix.com Ltd.