Exhibit 99.1

Wix Reports Second Quarter 2018 Results

Strong growth trajectory continues with second quarter revenue increasing 41% y/y to $146.1 million and collections increasing 37% y/y to $159.9 million

Increased free cash flow in the second quarter to our highest quarterly amount ever, $23.9 million, up 37% y/y

Results driven by strong cohort performance and continued increases in conversion and retention as users of all types adopt enhanced and new products

Raised outlook for 2018 reflecting continued strong development momentum and cohort performance to drive top line growth and free cash flow

NEW YORK, July 25, 2018 -- Wix.com Ltd. (Nasdaq: WIX), a leading cloud-based web development platform, today reported financial results for the second quarter ended June 30, 2018. In addition, the Company provided its initial outlook for the third quarter of 2018 and increased its outlook for the full year 2018.

“Our strong second quarter results demonstrate our continued ability to provide users of all kinds who come to Wix with a complete product platform so they can create their dreams online,” said Avishai Abrahami, Co-founder and CEO of Wix. “During the second half of the year, we plan to increase penetration of our existing markets and make progress in realizing the benefits of a larger market opportunity as we gain momentum in new products, including ADI in additional languages, Wix Answers and Wix Code.”

Lior Shemesh, CFO of Wix, added “Our results in the second quarter highlighted again our combination of strong revenue and collections growth and increasing free cash flow. We also successfully raised $443 million in convertible notes with a 0% coupon. This capital raise bolsters our balance sheet and provides us with additional financial flexibility.”

Q2 2018 Financial Summary

	Three months ended June 30,
$ in thousands	2017			2018			Y/Y growth			Prior Q2 2018 Outlook
Revenue	$	103,522		$	146,132			41	%	$	144,000 - 145,000
Collections	$	117,121		$	159,895			37	%	$	158,000 - 159,000
Operating Income (Loss)	$	(10,563	)	$	(6,507	)	NA
Non-GAAP Operating Income	$	3,516		$	12,939			268	%
Net Cash Provided by Operating Activities	$	19,651		$	27,268			39	%
Free Cash Flow	$	17,412		$	23,857			37	%

Additional Q2 2018 Results and Highlights

·	Revenue in the second quarter of 2018 was $146.1 million, a 41% increase over the same period last year. Under ASC 605, second quarter revenue would have been $144 million, a 39% increase over last year

·	Collections in the second quarter of 2018 were $159.9 million, a 37% increase over the prior year period

·	Gross margin on a GAAP basis in the second quarter of 2018 was 79%, compared to 83% for the second quarter of 2017; non-GAAP gross margin in the second quarter of 2018, calculated as non-GAAP gross profit as a percent of revenue, was 80%, compared to 84% for the second quarter of 2017

Under ASC 605, second quarter 2018 GAAP gross margin as a percent of revenue would have also been 79% and non-GAAP gross margin as a percent of revenue would have also been 80%

Results in the second quarter include the impact of the change from net (agent) to gross (principal) accounting related to the amended terms of our partnership agreement with Google announced earlier this year. As previously stated, this impact is an approximately $30 million benefit to FY 2018 revenue and collections and approximately $7-8 million each quarter in 2018. This impact also has resulted in a year-over-year decrease in our GAAP and non-GAAP gross margin

·	GAAP net loss in the second quarter of 2018 was $(5.6) million, or $(0.12) per share, compared to a net loss of $(14.3) million, or $(0.31) per share, for the second quarter of 2017. Under ASC 605, second quarter 2018 GAAP net loss would have been $(6.9) million

·	Non-GAAP net income in the second quarter of 2018 was $13.8 million, or $0.29 per share, compared to a non-GAAP net loss of $(0.2) million, or $(0.00) per share for the second quarter of 2017. Under ASC 605, second quarter 2018 non-GAAP net income would have been $12.6 million

·	Net cash provided by operating activities in the second quarter of 2018 was $27.3 million, while capital expenditures totaled $3.4 million, leading to free cash flow of $23.9 million, compared to $17.4 million of free cash flow in the second quarter of 2017, a 37% year-over-year increase

·	Added 205,000 net premium subscriptions in the second quarter of 2018 to reach 3.7 million as of June 30, 2018, a 28% increase over the total number of subscriptions at the end of the second quarter of 2017

·	Added 5.8 million registered users in the second quarter of 2018. Registered users as of June 30, 2018 were 131 million, representing a 20% increase compared to the end of the second quarter of 2017

Recent Business Highlights

Momentum in Wix Code Adoption Continues: Usage of Wix Code continues to increase as users across sectors and skill levels are building a wide variety of websites and applications with the product. Activity in the Wix Code Forum, our online community for users to find help and interact with one another, is also increasing as users have contributed over 35,000 posts and comments and have generated over 1 million views.

Recently Launched Wix Mobile Site Builder: In response to increasing requests from our users, we recently launched a Wix mobile site builder. This product utilizes the same AI technology that we released in June 2016. Users can now create a professional looking customized website entirely from a mobile device. Users are then able to modify the site further on either a mobile device or on a desktop using the Wix Editor. This product is another example of our ability to innovate in response to requests from users who come to Wix to build their brands and businesses online.

Completed Successful Capital Raise: In June and July, Wix raised $443 million in a private offering of its 0% Convertible Senior Notes due 2023. The size of the offering was upsized from the initial base offering and includes the over-allotment option, which the initial purchasers exercised in full. In connection with this offering, Wix entered into negotiated capped call transactions, which are expected generally to reduce the potential dilution to the ordinary shares of Wix upon any conversion of Notes and/or to offset any cash payments Wix is required to make in excess of the principal amount of converted Notes, as the case may be, with such reduction and/or offset subject to a cap. The cap price of the capped call transactions will initially be $211.30 per share, which represents a premium of 100% over the Wix share price of $105.65 on June 21, 2018. Proceeds from the offering were partially used to pay for the capped call transactions with the remaining net proceeds to be used for general corporate purposes.

Financial Outlook

Wix is introducing its outlook for the third quarter of 2018 as follows:

	Q3 2018 Outlook	Y/Y growth
Revenue	$152- $153 million	37% – 38%
Collections	$161 - $162 million	34% – 35%

Wix is increasing its outlook for the full year 2018 following the second quarter results:

	2018 Outlook
	Prior	Updated	Y/Y growth
Revenue	$594 - $597 million	$597 - $599 million	40% - 41%
Collections	$651 - $657 million	$656 - $660 million	36%
Free Cash Flow	$100 - $102 million	$101 - $103 million	43% - 46%

Conference Call and Webcast Information

Wix will host a conference call at 8:30 a.m. ET on Wednesday, July 25, 2018 to answer questions about the financial and operational performance of the business during the second quarter of 2018. The conference call will include a brief statement by management and will focus on answering questions about our results during the quarter. To enhance the Q&A portion of this call, the Company has posted a shareholder update and supporting slides to its Investor Relations website at https://investors.wix.com/. These materials provide shareholders and analysts with additional detail for analyzing results in advance of the quarterly conference call.

To participate on the live call, analysts and investors should dial 866-393-4306 (US/Canada), 734-385-2616 (International) or 1-809-315-362 (Israel) at least ten minutes prior to the start time of the call and reference Conference ID 5158929. A telephonic replay of the call will be available through July 29, 2018 at 11:59 p.m. ET by dialing 855-859-2056 (US/Canada) or 404-537-3406 (International) and providing Conference ID 5158929.

Wix will also offer a live and archived webcast of the conference call, accessible from the “Investor Relations” section of the Company’s website at https://investors.wix.com/.

About Wix.com Ltd.

Wix is leading the way with a cloud-based development platform for over 132 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, artists, and individuals to take their businesses, brands and workflow online. The Wix Editor, Wix ADI, a highly curated App Market, and Wix Code 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, Berlin, Dnipro, Kiev, Los Angeles, Miami, New York, San Francisco, São Paulo and Vilnius.

Visit us: on our blog, Facebook, Twitter, Instagram, LinkedIn, Pinterest and Google+

Download: Wix App is available for free on Google Play and in the App Store

Non-GAAP Financial Measures

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), free cash flow, non-GAAP net income (loss) and non-GAAP net income (loss) per share (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 loss per share. Free cash flow represents net cash provided by (used in) operating activities less capital expenditures.

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 in this press release. 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.

Forward-Looking Statements

This press release contains forward-looking statements, within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such forward-looking statements may include projections regarding our future performance, including, but not limited to revenue, collections and free cash flow, the availability, merchantability or functionality of certain new products or features and their anticipated product demand and customer satisfaction, and may be identified by words like “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “outlook,” “future,” “will,” “seek” and similar terms or phrases. The forward-looking statements contained in this press release, including the full year guidance, are based on management’s current expectations, which are subject to uncertainty, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Important factors that could cause our actual results to differ materially from those indicated in the forward-looking statements include, among others, our ability to grow our user base and premium subscriptions; our ability to maintain and enhance our brand and reputation; our prediction of the future collections generated by our user cohorts; our ability to manage the growth of our infrastructure effectively; our ability to effectively execute our initiatives to scale and improve our user support function; customer acceptance of new products and other challenges inherent in new product development, changes to technologies used in our solutions or in global, national, regional or local economic, business, competitive, market, regulatory and other factors discussed under the heading “Risk Factors” in the Company’s 2017 annual report on Form 20-F filed with the Securities and Exchange Commission on March 29, 2018. Any forward-looking statement made by us in this press release speaks only as of the date hereof. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.

Investor Relations:

Maggie O’Donnell

ir@wix.com

415-223-2624

Media Relations:

Vivian Hernandez

pr@wix.com

415-517-6539

Wix.com Ltd.

CONSOLIDATED STATEMENTS OF OPERATIONS - GAAP

(In thousands, except loss per share data)

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2017			2018			2017			2018
	(unaudited)						(audited)			(unaudited)

Revenue	$	103,522		$	146,132		$	196,060		$	283,907
Cost of revenue		18,025			30,437			32,888			59,481
Gross Profit		85,497			115,695			163,172			224,426

Operating expenses:
Research and development		36,749			48,492			69,418			94,994
Selling and marketing		48,016			58,855			102,345			125,866
General and administrative		11,295			14,855			22,443			28,525
Total operating expenses		96,060			122,202			194,206			249,385
Operating loss		(10,563	)		(6,507	)		(31,034	)		(24,959	)
Financial income (expenses), net		(2,043	)		1,532			(1,895	)		1,403
Other income		1			63			1			84
Loss before taxes on income		(12,605	)		(4,912	)		(32,928	)		(23,472	)
Taxes on income		1,659			728			2,221			1,979
Net loss	$	(14,264	)	$	(5,640	)	$	(35,149	)	$	(25,451	)

Basic and diluted net loss per share	$	(0.31	)	$	(0.12	)	$	(0.78	)	$	(0.54	)
Basic and diluted weighted-average shares used to compute net loss per share		45,390,479			47,689,337			45,043,215			47,258,381

Wix.com Ltd.

CONDENSED CONSOLIDATED BALANCE SHEET

(In thousands)

	As of
	December 31,			June 30,
	2017			2018
	(audited)			(unaudited)
Assets
Current Assets:
Cash and cash equivalents	$	85,230		$	354,253
Short term deposits		115,382			248,948
Restricted cash and deposit		949			949
Marketable securities		32,730			33,020
Trade receivables		11,400			8,676
Prepaid expenses and other current assets		19,246			25,453
Total current assets		264,937			671,299
Property, equipment and software, net
Long Term Assets:
Property and equipment, net		16,201			19,752
Prepaid expenses and other long-term assets		3,823			1,424
Intangible assets and goodwill, net		45,052			43,693
Total long-term assets		65,076			64,869

Total assets	$	330,013		$	736,168

Liabilities and Shareholder's Equity
Current Liabilities:
Trade payables	$	34,240		$	38,497
Employees and payroll accruals		28,067			41,564
Deferred revenues		202,482			214,206
Accrued expenses and other current liabilities		37,592			41,047
Total current liabilities		302,381			335,314

Long term deferred revenues		14,329			10,095
Long term deferred tax liability		764			683
Convertible senior notes		-			285,018
Long term loan		1,219			1,219
Total long term liabilities		16,312			297,015

Total liabilities		318,693			632,329

Shareholders' Equity
Ordinary shares		80			85
Additional paid-in capital		311,107			415,968
Other comprehensive loss		(286	)		(1,893	)
Accumulated deficit		(299,581	)		(310,321	)
Total shareholders' equity		11,320			103,839

Total liabilities and shareholders' equity	$	330,013		$	736,168

Wix.com Ltd.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2017			2018			2017			2018
	(unaudited)						(audited)			(unaudited)
OPERATING ACTIVITIES:
Net loss	$	(14,264	)	$	(5,640	)	$	(35,149	)	$	(25,451	)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation		1,346			2,196			2,643			4,093
Amortization		1,142			731			1,462			1,319
Share based compensation expenses		11,980			17,769			20,962			33,443
Increase in accrued interest and exchange rate on short term and long term deposits		(53	)		(545	)		(167	)		(897	)
Amortization of premium and discount and accrued interest on marketable securities, net		-			45			-			12
Deferred income taxes, net		(184	)		(307	)		(397	)		(405	)
Decrease in trade receivables		1,124			2,536			760			2,724
Decrease (increase) in prepaid expenses and other current and long-term assets		743			(8,277	)		(3,170	)		(17,549	)
Increase in trade payables		2,151			3,826			6,659			3,382
Increase (decrease) in employees and payroll accruals		(5,160	)		4,978			(205	)		13,431
Increase in short term and long term deferred revenues		13,599			13,763			35,607			35,643
Increase (decrease) in accrued expenses and other current liabilities		7,227			(3,807	)		7,043			2,302
Net cash provided by operating activities		19,651			27,268			36,048			52,047
INVESTING ACTIVITIES:
Proceeds from short-term deposits and restricted deposits		16,664			5,337			33,050			19,111
Investment in short-term deposits and restricted deposits		(5,000	)		(125,001	)		(15,650	)		(151,780	)
Investment in marketable securities		-			(11,576	)		-			(14,979	)
Proceeds from marketable securities		-			11,496			-			14,436
Purchase of property and equipment		(2,239	)		(3,296	)		(3,855	)		(6,507	)
Capitalization of software development costs		-			(115	)		-			(262	)
Acquisition of Intangible assets		-			(500	)		-			(500	)
Payment for Businesses acquired		(3,257	)		-			(33,091	)		-
Net cash used in investing activities		6,168			(123,655	)		(19,546	)		(140,481	)
FINANCING ACTIVITIES:
Proceeds from exercise of options and ESPP shares		7,416			11,587			14,736			21,891
Proceeds from Convertible notes,net		-			335,566			-			335,566
Credit line repayment		-			-			(170	)		-
Net cash provided by financing activities		7,416			347,153			14,566			357,457
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		33,235			250,766			31,068			269,023
CASH AND CASH EQUIVALENTS—Beginning of period		90,897			103,487			93,064			85,230
CASH AND CASH EQUIVALENTS—End of period	$	124,132		$	354,253		$	124,132		$	354,253

Wix.com Ltd.

KEY PERFORMANCE METRICS

(In thousands)

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2017		2018		2017		2018
	(unaudited)				(unaudited)
Revenues	$	103,522	$	146,132	$	196,060	$	283,907
Collections	$	117,121	$	159,895	$	231,667	$	319,550
Free Cash Flow	$	17,412	$	23,857	$	32,193	$	45,278
Number of registered users at period end (*)		108,739		131,027		108,739		131,027
Number of premium subscriptions at period end (*)		2,865		3,659		2,865		3,659

(*) Excludes users and subscriptions of DeviantArt

Wix.com Ltd.

RECONCILIATION OF REVENUES TO COLLECTIONS

(In thousands)

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2017		2018		2017		2018
	(unaudited)				(unaudited)
Revenues	$	103,522	$	146,132	$	196,060	$	283,907
Change in deferred revenues		13,599		13,763		35,607		35,643
Collections	$	117,121	$	159,895	$	231,667	$	319,550

RECONCILIATION OF GAAP TO NON-GAAP OPERATING LOSS AND NET LOSS

(In thousands)

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2017		2018		2017		2018
	(unaudited)				(unaudited)
(1) Share based compensation expenses:
Cost of revenues	$	695	$	1,087	$	1,201	$	2,166
Research and development		6,586		9,470		11,312		17,955
Selling and marketing		1,778		2,352		3,197		4,394
General and administrative		2,920		4,860		5,251		8,928
Total share based compensation expenses		11,979		17,769		20,961		33,443
(2) Amortization		1,240		731		1,426		1,319
(3) Acquisition related expenses		860		946		4,625		2,374
Total adjustments of GAAP to Non GAAP	$	14,079	$	19,446	$	27,012	$	37,136

Wix.com Ltd.

RECONCILIATION OF GAAP TO NON-GAAP GROSS PROFIT

(In thousands)

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2017			2018			2017			2018
	(unaudited)						(unaudited)
Gross Profit	$	85,497		$	115,695		$	163,172		$	224,426
Share based compensation expenses		695			1,087			1,201			2,166
Amortization		1,040			142			1,040			284
Acquisition related expenses		-			-			28			-
Non GAAP Gross Profit		87,232			116,924			165,441			226,876

Non GAAP Gross margin		84	%		80	%		84	%		80	%

Wix.com Ltd.

RECONCILIATION OF OPERATING LOSS TO NON-GAAP OPERATING INCOME (LOSS)

(In thousands)

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2017			2018			2017			2018
	(unaudited)						(unaudited)
Operating loss	$	(10,563	)	$	(6,507	)	$	(31,034	)	$	(24,959	)
Adjustments:
Share based compensation expenses		11,979			17,769			20,961			33,443
Amortization		1,240			731			1,426			1,319
Acquisition related expenses		860			946			4,625			2,374
Total adjustments	$	14,079		$	19,446		$	27,012		$	37,136

Non GAAP operating income (loss)	$	3,516		$	12,939		$	(4,022	)	$	12,177

Wix.com Ltd.

RECONCILIATION OF NET LOSS TO NON-GAAP NET INCOME/(LOSS) AND NON-GAAP NET INCOME/(LOSS) PER SHARE

(In thousands, except per share data)

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2017			2018			2017			2018
	(unaudited)						(unaudited)
Net loss	$	(14,264	)	$	(5,640	)	$	(35,149	)	$	(25,451	)
Share based compensation expense and other Non GAAP adjustments		14,079			19,446			27,012			37,136
Non-GAAP net income/(loss)	$	(185	)	$	13,806		$	(8,137	)	$	11,685

Basic Non GAAP net income/(loss) per share	$	(0.00	)	$	0.29		$	(0.18	)	$	0.25
Weighted average shares used in computing basic Non GAAP net income/(loss) per share		45,390,479			47,689,337			45,043,215			47,258,381

Wix.com Ltd.

RECONCILIATION OF NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW

(In thousands)

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2017			2018			2017			2018
	(unaudited)						(unaudited)
Net cash provided by operating activities	$	19,651		$	27,268		$	36,048		$	52,047
Capital expenditures, net		(2,239	)		(3,411	)		(3,855	)		(6,769	)
Free Cash Flow	$	17,412		$	23,857		$	32,193		$	45,278

Wix.com Ltd.

RECONCILIATION OF PROJECTED REVENUES TO PROJECTED COLLECTIONS

(In thousands)

	Three Months Ended				Year Ending
	June 30, 2018				December 31, 2018
	Low		High		Low		High

Projected revenues (*)		152,000		153,000		597,000		599,000
Projected change in deferred revenues		9,000		9,000		59,000		61,000
Projected collections	$	161,000	$	162,000	$	656,000	$	660,000

(*) Guidance under ASC 606

Wix.com Ltd.

RECONCILIATION OF BASIC WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING AND THE DILUTED WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2017		2018		2017		2018
	(unaudited)				(unaudited)

Basic and diluted weighted average number of shares outstanding		45,390,479		47,689,337		45,043,215		47,258,381
The following items have been excluded from the diluted weighted average number of shares outstanding because they are anti-dilutive:
Stock options		8,545,217		8,040,188		8,545,217		8,040,188
Restricted share units		1,938,381		2,117,774		1,938,381		2,117,774
		55,874,077		57,847,299		55,526,813		57,416,343

Proforma weighted avg number of shares outstanding , net of cashless net exercise of options				56,390,273				56,390,273

Wix.com Ltd.

CONSOLIDATED STATEMENTS OF OPERATIONS - GAAP

2018 RECONCILIATION OF ASC 606 TO ASC 605

(In thousands, except loss per share data)

	Three Months ended June 30,
	2018			2018			2018

	ASC 606			ASC 605			Impact

Revenues	$	146,132		$	143,991		$	2,141
y/y%		41	%		39	%
Cost of revenues		30,437			29,535			902
Gross Profit (loss)		115,695			114,456			1,239
		79	%		79	%
Operating expenses:
Research and development		48,492			48,492			-
Marketing		58,855			58,855			-
General and administrative		14,855			14,855			-
Total operating expenses		122,202			122,202			-

Operating loss		(6,507	)		(7,746	)		1,239
Financial income (expenses), net		1,532			1,532			-
Other expenses		63			63			-

Loss before taxes on income		(4,912	)		(6,151	)		1,239
Taxes on income		728			728			-
Net loss		(5,640	)		(6,879	)		1,239

Basic and diluted net loss per share	$	(0.12	)	$	(0.14	)	$	0.02
Basic and diluted weighted-average shares used to compute net loss per share		47,689,337			47,689,337			-

Adjustments to Non GAAP

Total Adjustments	$	19,446		$	19,446		$	-
Non GAAP operating income (loss)	$	12,939		$	11,700		$	1,239
Non-GAAP net income/(loss)	$	13,806		$	12,567		$	1,239
Basic Non GAAP net income/(loss) per share	$	0.29		$	0.26		$	0.03