=Vimeo (VMEO) reported earnings on Mon 6 May 24 (a/h)

 

Vimeo beats by $0.05, beats on revs; guides Q2 revs in-line

• Reports Q1 (Mar) earnings of $0.04 per share, $0.05 better than the FactSet Consensus of ($0.01); revenues rose 1.3% year/year to $104.91 mln vs the $100.4 mln FactSet Consensus.
• Co issues in-line guidance for Q2, sees Q2 revs of slightly below $100 mln vs. $97.75 mln FactSet Consensus.
  • Operating loss to be approximately breakeven.
    
  • Adjusted EBITDA to be around $8 million.