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: 74.10 Change: -3.20 -4.14% Volume: 520,744 4:00 ET on Feb 22, 2018 price delayed 20 minutes

Wix Launches Worldwide Ambassador Program

05/11/2017

Passionate Wix Pros Take Local To a Global Level Through Worldwide Workshops and Events 

NEW YORK, May 11, 2017 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX) began recruiting for Wix on the Road in Q1 2017, which is now powered by more than 80 Wix Ambassadors around the world. These global community leaders are empowering Wix users in 22 countries and ten languages through workshops, events and professional tips, tutorials and support.

Wix.com Ltd. (PRNewsFoto/Wix.com Ltd.)

"Wix was designed to empower anyone to create an online presence. Engaging with our users offline is also key to our community development," said Ashley Gallman Williams, Global Head of Community Outreach at Wix. "Our Ambassadors allow us to work with our users on a local level at a global scale. From LA to Kyoto, Wix users can meet in person and connect with a leader in their community and culture, speaking their language."

"With over 100 million Wix users around the world, we wanted to establish a program for the best of the best to assist our current and potential customers, and to bring our community together. We are overwhelmed that more than 80 Ambassadors were already on board before we officially launched the program. This is a testament to our community's desire to grow and give back."

The Wix Ambassador Program started as a pilot in December of 2016. Since the start of the year, ambassadors around the world have met thousands of Wix users and hosted over 100 events. Wix Ambassadors can be found on every continent and have partnered with local technology, coworking and small business organizations to expand their reach.

"Wix Ambassadors are the mentors in their community. When we started to develop the program we were thrilled with the quality of applicants," said Shira Galler, Head of the Wix Ambassador Program. "Beyond their qualifications, their passion for building community and teaching Wix shined through in their interviews."

To become a Wix Ambassador, a Wix user should first become a Wix Certified Trainer. From there, applicants are vetted through an application process that selects the most passionate Wix users. Once selected, Ambassadors become the Wix leader in their area, armed with all of the materials they need to organize and run a Wix workshop or event for Wix users and newcomers. Every Ambassador hosts monthly workshops and quarterly user meetups. Topics can include web design trends, SEO, photo techniques and more.

Meet some Wix Ambassadors here: wix.com/blog/2017/05/get-to-know-5-wix-ambassadors/

Find a Wix Ambassador near you: wixontheroad.com

For information on becoming a Wix Ambassador, check out: wixontheroad.com/startyourcity

Share This: Wix user looking to sharpen your skills? Find Ambassador events near you: http://www.wixontheroad.com/

Share This: Meet some of our star @Wix Ambassadors here: https://www.wix.com/blog/2017/05/get-to-know-5-wix-ambassadors/

About Wix.com
Wix.com is a leading cloud-based web development platform with more than 105 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, professionals and individuals to take their businesses, brands and workflow online. Wix ADI, the Wix Editor and a highly curated App Market 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, San Francisco, New York, Miami, Berlin, Vilnius and Dnepropetrovsk.
Visit us: on our blog,  Facebook, Twitter, Instagram, LinkedIn, Pinterest and Google+.
Download: Wix App for free in Google Play and in the App Store.

Media Relations:
Matt Rosenberg
Wix.com
pr@wix.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/wix-launches-worldwide-ambassador-program-300455346.html

SOURCE Wix.com Ltd.