Vimeo: Q1 Earnings Insights

Vimeo VMEO reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:10 PM.

Here's what investors need to know about the announcement.

Earnings

Vimeo missed estimated earnings by 100.0%, reporting an EPS of $0.0 versus an estimate of $-0.14.

Revenue was down $4.77 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12 which was followed by a 6.98% increase in the share price the next day.

Here's a look at Vimeo's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.15 -0.17 -0.17 -0.15
EPS Actual -0.03 0.02 -0.03 -0.07
Revenue Estimate 105.00M 106.15M 108.68M 105.99M
Revenue Actual 105.56M 108.13M 110.98M 108.35M

To track all earnings releases for Vimeo visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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