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Subject:  Re: Wix Q3 earnings Date:  11/13/2018  11:11 PM
Author:  anthonyms Number:  48471 of 75224

Well here's the earnings call transcript. Seems pretty short - highlights then straight to Q&A.

A couple of things that stuck out to me both of interest and potentially explaining the drop:-

1) The new Wix payment solution being tested and rolled out - was good and bad. Upside revenue growth but lower margin

2) There are a bunch of new solutions from Wix Code, Cloud, Payments and something major being announced in December (11th)

3) There's were questions and/or concerns expressed about churn and conversion as well as the counting of premium members

4) International expansion seems on an English speaking / high margin track. Once they are done with US and UK and presumably Australia and Singapore, I'm not sure where they go from there.

I have held and was tempted to sell out at an earlier high. These results are ok and the valuation isn't bad but I'm not as high in conviction of Wix as others.

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