Vimeo (VMEO) Tops Q2 EPS by 2c

Vimeo (NASDAQ: VMEO) reported Q2 EPS of ($0.02), $0.02 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $96 million versus the consensus estimate of $95.75 million.

“The evolution of video as the new way to work continues," said Anjali Sud, Chief Executive Officer of Vimeo. ”In the second quarter we gained momentum in the enterprise with expanded product breadth, as we enhanced our all-in-one software solution to enable every employee to be a content creator and every business to be video-first. Our execution is on track and we are investing strategically to position Vimeo as a long-term winner in this large and early market.”

For earnings history and earnings-related data on Vimeo (VMEO) click here.

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