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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