Vimeo (VMEO) Tops Q1 EPS by 7c, provides guidance

Vimeo (NASDAQ: VMEO) reported Q1 EPS of $0.04, $0.07 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $104.91 million versus the consensus estimate of $102.87 million.

GUIDANCE:

Vimeo sees Q2 2024 revenue of $100 million, versus the consensus of $97.764 million.
Operating loss to be approximately breakeven.
Adjusted EBITDA* to be around $8 million.

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

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