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: 106.50 Change: +0.50 +0.47% Volume: 662,120 4:00 ET on Jun 19, 2018 price delayed 20 minutes

Wix.com And Manchester City Team Up To Provide A Football Fantasy For One Lucky Winner

03/21/2017

Contest brings star power to a Wix user in Latin America

NEW YORK, March 21, 2017 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX) and the English Premier League's Manchester City have teamed up for an all-star campaign, featuring the Club's star players, to reward a Wix user in Latin America.

Through the multi-country campaign, the competition which officially opens today, will grant an amazing opportunity to a user and football fan to promote their winning brand throughout Latin America and beyond.

Manchester City players - Sergio Aguero, Gabriel Jesus, Claudio Bravo and Aleix Garcia - will promote the campaign, which is the latest in a series of once-in-a-lifetime opportunities giving Wix users the ability to promote their brands with the help of a star spokesperson. Pairing football fandom with Wix, the campaign will identify an outstanding individual that reflects both the work hard, play hard Wix brand and the winning team spirit of Manchester City. The campaign, and the winner, will be promoted via Wix and City's social.

Wix works with artists, photographers, designers, musicians and small businesses all over the world and currently has over 26 million registered users in Latin America.

According to CAF, Development Bank of Latin America, one-third of Latin American workers are autonomous or small employers. SMEs represent more than 90 percent of companies in Latin America, they generate more than half of the employment and one fourth of GDP.

This competition goes beyond business owners, and is open to all Spanish and Portuguese speaking Wix users only in Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Mexico, Nicaragua, Panama, Paraguay, Peru, Puerto Rico, Uruguay and Venezuela.

"We are making a football fantasy come true. It is no secret that Latin America has a passion for football," said Omer Shai, CMO of Wix. "Latin America is also one of our most dynamic markets, and we are combining the best of both worlds to give our winner an unforgettable prize. Our customers and their ingenuity are our greatest pride, and we love being able to delight them with such an exciting opportunity. We want to make some magic and create an experience beyond our winner's wildest dreams."

In February 2016, Wix became City Football Group's Official Website Design & Hosting partner for their clubs Manchester City FC, New York City FC and Melbourne City FC. Since then the company has been developing initiatives such as The City is Ours to engage the clubs' fans.

Omar Berrada, Chief Operating Officer at Manchester City FC added, "We have a large fan base in Latin America, and their passion and support is invaluable to everyone at the Club. With Wix's support, we will be able to offer them a unique opportunity to share their success stories and be featured in a campaign alongside some of their favorite players. We love the boundless creativity and energy and are certain that our fans will as well."

How to enter:

The contest is now open for Spanish and Portuguese speaking Wix users only in Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Mexico, Nicaragua, Panama, Paraguay, Peru, Puerto Rico, Uruguay and Venezuela. Wix users should submit their websites via the link below by March 30, 2017:

In Spanish: http://www.wix.com/man-city/win-a-commercial-es 

In Portuguese: http://www.wix.com/man-city/win-a-commercial-pt  

Wix and Manchester City will collectively choose one winner in early April. The winner will get an online advertisement for their website staring popular City players, which will be promoted across Wix and the Club's social channels.

Please refer to the contest rules here:

In Spanish: Contest Rules

In Portuguese: Contest Rules

In English: Contest Rules

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 blogFacebook, Twitter, Instagram, LinkedIn, Pinterest and Google+.

Download: Wix App for free in Google Play and in the App Store.

About City Football Group
City Football Group is the owner of a number of football related businesses with global relevance. These include high profile professional football clubs, academies, technical support and marketing companies. CFG's clubs include Premier League Title Winners 2011-2012 and 2013-14 Manchester City FC, Melbourne City FC of the A-League and MLS Franchise New York City Football Club. CFG is also a minority shareholder in Yokohama F. Marinos of the J-League. The Group also includes Manchester City Women's FC and 2015-16 Westfield W-League Premiership and Championship Winners, Melbourne City Women's FC. The common aim across all clubs is to provide the best possible experience and an unmatched opportunity for fans and communities to participate in, and benefit from, football at both a local and global level.

The Group's support companies – City Football Services and City Football Marketing – operate from a number of offices around the world in support of the Group's clubs, associate organisations and customer organisations. City Football Services shares footballing IP and "know-how" to recruit, develop, train and win. City Football Marketing creates media, marketing and fan engagement properties to support the commercial development of clubs and their partners.

City Football Group is majority owned by Abu Dhabi United Group (ADUG). ADUG is an investment and development company privately owned by His Highness Sheikh Mansour bin Zayed Al Nahyan. In December 2015, ADUG divested a 13% shareholding to a China Media Capital-led consortium, creating an unprecedented platform for the growth of CFG clubs and companies in China and internationally. City Football Group's headquarters are in Manchester and it has offices in Abu Dhabi, London, New York, Melbourne, Singapore and Tokyo.

All trademarks are the property of their respective owners

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

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/wixcom-and-manchester-city-team-up-to-provide-a-football-fantasy-for-one-lucky-winner-300426350.html

SOURCE Wix.com Ltd.