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Monday, August 5, 2024

==Vimeo (VMEO) reported earnings on Mon 5 Aug 24 (a/h)

 

Vimeo beats by $0.05, beats on revs; guides Q3 revs in-line; guides FY24 revs above consensus 
  • Reports Q2 (Jun) earnings of $0.06 per share, $0.05 better than the FactSet Consensus of $0.01; revenues rose 2.5% year/year to $104.38 mln vs the $99.45 mln FactSet Consensus.
  • Co issues in-line guidance for Q3, sees Q3 revs of under $100 mln vs. $97.48 mln FactSet Consensus.
  • Co issues upside guidance for FY24, sees FY24 revs of at or around $405 mln vs. $400.38 mln FactSet Consensus.

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