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: 86.35 Change: -0.65 -0.75% Volume: 84,837 10:51 ET on Mar 22, 2018 price delayed 20 minutes

Wix Stunning Awards Winners Announced


Wix Users Lead the Way in Creativity and Style

Global Contest Recognizes 100 Million Wix Users and Their Stunning Websites

NEW YORK, March 28, 2017 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX) is proud to announce the three winners of its first-ever Stunning Awards competition. Approximately 100,000 Wix websites worldwide were submitted for a chance to win one of three once-in-a-lifetime, stunning experiences.

"Every single day we have the extraordinary pleasure of looking at Wix sites from all over the world. For me, it is one of the greatest rewards of my role. We never cease to be amazed by what our users are creating," said Omer Shai, CMO of Wix. "In everything we do, we look for ways to showcase the unique talents of our users and the Stunning Awards give us the chance to thank our 100 million users and celebrate their creativity. We are thrilled, but not surprised, by both the quality and quantity of submissions for the Stunning Awards. Congratulations to all of the finalists and the three winners of the Stunning Awards. They should be very proud of their accomplishment."

There were approximately 100,000 website submissions, in ten languages, worldwide for the Stunning Awards. From that pool, finalists were selected by a panel of Wix design experts who evaluated each submission based on its structure, design and layout, originality and creativity. Finalists' websites are on display in the Stunning Awards Collection, for all to see, and each finalist has been awarded a finalist badge to display on their website.

The three Stunning sites that were selected as the winners are:

Winner: Emilie De Grosbois (also known as MILDD), who submitted mildd.com, is a Montreal-based visual artist focusing on hand-drawn illustrations. She has been a part of the Wix community for five years. De Grosbois said about Wix, "I love the flexibility and accessibility of the platform! The customization tools are endless and incredibly intuitive."

Winner: Dennis Krawec, who submitted krawec.org, is a junior at the Rhode Island School of Design who built his Wix site as his portfolio grew and is currently on the hunt for an internship. He said about Wix, "I like my website to serve as a hub/repository for all of my work and projects (current or past) and I think Wix lends itself to that kind of visual experience."

Winner: Zvina Luke, who submitted zvinaluke.com, is a student at Billy Blue College of Design in Australia. She was inspired to join Wix several years ago when a lecturer mentioned the platform as a way to get online and experiment with design. Luke said about Wix, "I wanted something different and wanted to create my site from scratch. Wix's functionality has given me a lot of creative freedom to achieve that."

Gallery of finalists: http://www.wix.com/stunningawards/gallery 

Share this: Check out the amazing sites that made it to @Wix finalists' collection #StunningAwards: http://www.wix.com/stunningawards/main/gallery

Share this: Ready to create your site? Get inspired by the gallery @Wix #StunningAwards finalists: http://www.wix.com/stunningawards/main/gallery

About Wix.com
Wix.com is a leading cloud-based web development platform with more than 102 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.

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Media Contact:
Matt Rosenberg

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/wix-stunning-awards-winners-announced-300429953.html

SOURCE Wix.com Ltd.