Vimeo (VMEO) Tops Q2 EPS by 1c

Vimeo (NASDAQ: VMEO) reported Q2 EPS of ($0.16), $0.01 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $111 million versus the consensus estimate of $108.62 million.

GUIDANCE:

For the third quarter of 2022, Vimeo expects:

• Revenue growth to exceed 5% year-over-year, GAAP operating loss between $29 million and $31 million, and Adjusted EBITDA loss between $3 million and $5 million.

For full-year 2022, Vimeo expects:

• Revenue growth near 10% year-over-year, GAAP operating loss between $107 million and $112 million, and Adjusted EBITDA loss between $20 million and $25 million.

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

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