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Subject:  Re: WIX Chart Date:  5/17/2020  11:21 AM
Author:  Thomfranklin Number:  682 of 687

Wix (NASDAQ:WIX) rides a coronavirus tailwind into a Q1 EPS beat. Net premium subscription adds grew 207% in April, and Wix says the Q2 guidance is "well ahead of what was originally expected."

Total collections grew 24% Y/Y to $249M.

Wix added 3.2M new registered users (+63% Y/Y) for a new monthly high.

For Q2, Wix sees revenue of $231-233M (consensus: $227.22M), collections of $255-260M and FCF of $41-43M.
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