Vimeo (VMEO) Misses Q1 EPS by 5c; offers guidance
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Vimeo (NASDAQ: VMEO) reported Q1 EPS of ($0.02), $0.05 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $103.03 million versus the consensus estimate of $102.93 million.
GUIDANCE
While the current economic environment will require vigilance, we continue to strive to deliver our 2025 guidance including:
• Acceleration of growth in 2025 with full year 2025 revenue to grow in the low single digits
• Full-year 2025 Operating loss to be approximately $3 million, and
• Adjusted EBITDA* of $25 million - $30 million, reflecting our desire to invest up to $30 million incrementally in our business. We also continue to hope to end the year with line of sight to double-digit growth in future quarters.
For earnings history and earnings-related data on Vimeo (VMEO) click here.
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