Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
United StatesIPO:
21 May 2021Website:
http://vimeo.comNext earnings report:
N/ALast dividends:
N/ANext dividends:
N/APrice
after hours | Tue, 05 Nov 2024 00:54:19 GMTDividend
Analysts recommendations
Institutional Ownership
VMEO Latest News
Vimeo, Inc. (NASDAQ:VMEO ) Q3 2024 Earnings Conference Call November 4, 2024 5:00 PM ET Company Participants Philip Moyer - CEO Gillian Munson - CFO Conference Call Participants John Blackledge - TD Cowen Tom Champion - Piper Sandler Youssef Squali - Truist Operator Hello and thank you for joining Vimeo's Q3 2024 Earnings Live Q&A. Before we begin, a few comments.
NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Vimeo posted its third quarter 2024 shareholder letter on the investor relations section of its website at https://www.vimeo.com/investors .
Creators from across the Vimeo community will now be able to share their spatial content with viewers around the world Creators from across the Vimeo community will now be able to share their spatial content with viewers around the world
NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Vimeo, Inc. (NASDAQ: VMEO) today announced the date for its third quarter 2024 earnings report and earnings video event. After the close of market trading on Monday, November 4, 2024, Vimeo will post its third quarter results on the Investor Relations section of its website at https://www.vimeo.com/investors . On Monday, November 4, 2024 at 5:00 p.m. ET, Vimeo will live stream a video conference to answer questions regarding its third quarter results. The live stream and replay of the video will be accessible to the public at https://www.vimeo.com/investors .
Vimeo's enterprise video segment is growing rapidly, expected to reach a $100 million annualized run rate, with strong profitability and a solid balance sheet. Despite competition from YouTube and declining consumer segment revenues, the market is undervaluing Vimeo's enterprise potential, presenting a 140% upside opportunity. The company's disciplined financial management and strategic shift towards enterprise investments support a buy rating, with a target price of $12.
Vimeo (VMEO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Vimeo's recent rally, driven by better-than-expected Q2 results and Fed rate cuts, is unsustainable due to fundamental issues and lack of long-term recovery prospects. The enterprise segment's growth isn't sufficient to offset losses in the consumer subscription segment, which competes with free alternatives like YouTube. Vimeo's product lacks stickiness, making it easy for users to switch to competitors, undermining the subscription model's viability.
NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Vimeo (NASDAQ: VMEO), the world's most innovative video experience platform for creators and enterprises, today announced the appointment of technology veteran Robert (“Bob”) Petrocelli as Chief Product & Technology Officer, effective September 9, 2024. Bob will be responsible for leading Vimeo's global product and engineering teams as the company continues to propel technology innovation, deliver high-quality video experiences, and maximize customer value for businesses, creators and video pros around the world.
Vimeo, Inc. (NASDAQ:VMEO ) Q2 2024 Results Conference Call August 5, 2024 5:00 PM ET Company Participants Philip Moyer - CEO Gillian Munson - CFO Conference Call Participants Youssef Squali - Truist Tom Champion - Piper Sandler Will Kerr - TD Cowen Operator Hello, and thank you for joining Vimeo's Q2 2024 earnings live Q&A. Before we begin, a few comments.
NEW YORK, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Vimeo posted its second quarter 2024 shareholder letter on the investor relations section of its website at https://www.vimeo.com/investors .
- 1(current)
What type of business is Vimeo?
Vimeo, Inc., together with its subsidiaries, provides video software solutions worldwide. It provides the video tools through a software-as-a-service model, which enables its users to create, collaborate, and communicate with video on a single platform. The company also offers over-the-top OTT streaming and monetization services; AI-driven video creation and editing tools; and interactive and shoppable video tools. It serves large organizations, small businesses, creative professionals, marketers, and digital agencies. The company was founded in 2004 and is headquartered in New York, New York.
What sector is Vimeo in?
Vimeo is in the Technology sector
What industry is Vimeo in?
Vimeo is in the Software Application industry
What country is Vimeo from?
Vimeo is headquartered in United States
When did Vimeo go public?
Vimeo initial public offering (IPO) was on 21 May 2021
What is Vimeo website?
https://vimeo.com
Is Vimeo in the S&P 500?
No, Vimeo is not included in the S&P 500 index
Is Vimeo in the NASDAQ 100?
No, Vimeo is not included in the NASDAQ 100 index
Is Vimeo in the Dow Jones?
No, Vimeo is not included in the Dow Jones index
When was Vimeo the previous earnings report?
No data
When does Vimeo earnings report?
Next earnings report date is not announced yet