Vimeo(VMEO)

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Vimeo Elects Adam Cahan, Lydia Jett, and Kirsten Kliphouse to Board of Directors
Globenewswire· 2025-06-10 20:15
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Vimeo, Inc. (NASDAQ: VMEO), one of the largest and most trusted private video networks in the world, today announced the election of Adam Cahan, Lydia Jett, and Kirsten Kliphouse to its Board of Directors. The new Board members were elected during the company’s Annual Stockholder Meeting on June 9, 2025. In addition to its new Board members, Vimeo also announced the departures of two Board members, Alesia J. Haas and Ida Kane, both of whom had served on the Board ...
Vimeo(VMEO) - 2025 FY - Earnings Call Transcript
2025-06-09 15:00
Financial Data and Key Metrics Changes - Proxies representing more than 91% of the shares of the company's outstanding capital stock eligible to vote have been received, indicating strong shareholder engagement [6] - Preliminary voting results show that each of the nine director nominees is elected to the board, the appointment of Ernst and Young is ratified, and the compensation of named executive officers is approved [14] Business Line Data and Key Metrics Changes - No specific financial data or key metrics related to individual business lines were provided in the meeting [1][2] Market Data and Key Metrics Changes - No specific market data or key metrics were discussed during the meeting [1][2] Company Strategy and Development Direction and Industry Competition - The company aims to be one of the most trusted video platforms globally, focusing on child safety and compliance with laws and industry practices [18] - The management emphasizes a commitment to supporting customers and creators with diverse opinions while avoiding political positions [18] Management Comments on Operating Environment and Future Outlook - Management acknowledges the importance of child safety and the company's investment in ensuring compliance with relevant policies and laws [18] - The company is focused on maintaining a neutral stance on divisive social issues while serving a wide variety of content [18] Other Important Information - The meeting was conducted virtually, and only stockholders of record as of April 21, 2025, or their appointed proxies were allowed to ask questions and vote [3][4] Q&A Session All Questions and Answers Question: Will Vimeo move back to neutrality and avoid radical divisive activist posturing? - Management responded that the company takes child safety seriously and does not take political positions, focusing instead on supporting a variety of opinions within legal frameworks [18]
Vimeo to Present at Upcoming Jefferies and TD Cowen Conferences
Globenewswire· 2025-05-22 12:30
NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: VMEO) – Vimeo, one of the largest and most trusted private video networks in the world, today announced that Gillian Munson, Vimeo’s Chief Financial Officer, will participate in the following financial conferences: Jefferies Public Technology Conference on Wednesday, May 28, 2025 at 8:30 AM ETTD Cowen 53rd Annual Technology, Media & Telecom Conference on Thursday, May 29, 2025 at 1:15 PM ET A replay of the webcasts will be available on the Vimeo Investor R ...
Vimeo Keeps Destroying Value, And Price Increases Won't Save It
Seeking Alpha· 2025-05-12 07:55
Core Viewpoint - Tough macroeconomic conditions are significantly impacting struggling companies in the small/mid-cap tech sector, with Vimeo identified as one of the companies nearing a critical point [1]. Company Analysis - Vimeo is highlighted as a struggling company within the small/mid-cap tech space, facing challenges due to adverse macroeconomic conditions [1]. - The article suggests that Vimeo may be at a pivotal moment, indicating potential risks for investors [1]. Industry Context - The article reflects on the broader challenges faced by small/mid-cap tech companies, emphasizing that many are nearing the end of their operational viability due to tough economic conditions [1].
Vimeo Earns Cross-Industry Praise in Video Innovation with Accolades from G2, Digiday, and The Webby Awards
Globenewswire· 2025-05-08 12:30
NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Vimeo (NASDAQ: VMEO), one of the largest and most trusted private video networks in the world, today highlighted recent awards and distinctions earned by the Company for its achievements in video innovation and beyond. These recognitions follow Vimeo’s inclusion in the World’s Most Innovative Companies 2025 list from Fast Company earlier this year. Vimeo Central Honored by Digiday Streaming and Video Awards The 2025 Digiday Streaming and Video Awards recognized Vim ...
Here's What Key Metrics Tell Us About Vimeo (VMEO) Q1 Earnings
ZACKS· 2025-05-06 00:31
Core Insights - Vimeo, Inc. reported revenue of $103.03 million for Q1 2025, a year-over-year decline of 1.8% and an EPS of -$0.02 compared to $0.04 a year ago, with a revenue surprise of +1.66% over the Zacks Consensus Estimate of $101.36 million and an EPS surprise of +33.33% [1] Financial Performance - The company’s revenue metrics show that Vimeo Enterprise generated $24.42 million, exceeding the average estimate of $24.29 million, representing a year-over-year increase of +32.3% [4] - Self-Serve & Add-Ons revenue was reported at $64.69 million, slightly above the average estimate of $63.07 million, but this reflects a year-over-year decline of -7.5% [4] - The Average Revenue Per User (ARPU) for Vimeo Enterprise was $24,624, surpassing the estimated $23,397.16, while the ARPU for Self-Serve & Add-Ons was $189, below the estimated $209.53 [4] Stock Performance - Vimeo shares have returned +7.8% over the past month, outperforming the Zacks S&P 500 composite, which saw a change of +0.4% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]
Vimeo, Inc. (VMEO) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-05 23:20
Vimeo, Inc. (VMEO) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced earnings of $0.01, delivering a surprise of -66.67%.Over the last four quarters, the company has sur ...
Vimeo(VMEO) - 2025 Q1 - Earnings Call Transcript
2025-05-05 22:02
Vimeo (VMEO) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Company Participants Philip Moyer - CEOGillian Munson - CFOYoussef Squali - MD & Head of Internet and Digital Media Research GroupBill Kerr - Vice President - Equity Research Conference Call Participants Thomas Champion - Director & Senior Research Analyst Operator Hello, and thank you for joining Vimeo's Q1 twenty twenty five earnings live Q and A. Before we begin, a few comments. First, this session will be recorded and available on the Vimeo Inv ...
Vimeo(VMEO) - 2025 Q1 - Quarterly Report
2025-05-05 21:02
Revenue Performance - Total revenue for the three months ended March 31, 2025, was $103.034 million, a decrease of $1.876 million or 2% compared to $104.910 million in 2024[112] - Self-Serve revenue decreased by $3.0 million or 5%, primarily due to an 11% decline in Average Subscribers, partially offset by an 8% increase in ARPU[113] - Vimeo Enterprise revenue increased by $6.0 million or 32%, driven by a 15% increase in Average Subscribers and a 16% increase in ARPU[113] - Total bookings for the three months ended March 31, 2025, were $103.034 million, a decrease of 2% compared to the previous year[112] Profitability and Loss - Gross profit for the three months ended March 31, 2025, was $78.980 million, a decrease of $2.487 million or 3% compared to $81.467 million in 2024[114] - Operating loss for the three months ended March 31, 2025, was $6.092 million, a decrease of $8.681 million compared to an operating income of $2.589 million in 2024[118] - Adjusted EBITDA for Q1 2025 was $4.8 million, a decrease of $7.4 million (61%) from $12.2 million in Q1 2024, representing 5% of revenue compared to 12% in the prior year[121] - Net loss for Q1 2025 was $3.9 million, compared to net earnings of $6.1 million in Q1 2024[126] Expenses - Operating expenses increased by $6.194 million or 8%, totaling $85.072 million, primarily due to increased investment in products and stock-based compensation[118] - Research and development expenses increased by $3.051 million or 11%, primarily due to increased investment in products[116] Subscriber Metrics - Average Subscribers for Self-Serve decreased to 1,205.4 thousand in 2025 from 1,357.1 thousand in 2024, reflecting an 11% decline[104] Cash Flow and Capital Management - Cash and cash equivalents totaled $289.0 million as of March 31, 2025, down from $325.3 million at the end of 2024[134] - Net cash used in operating activities for Q1 2025 was $2.1 million, compared to net cash provided of $5.6 million in Q1 2024[135] - Net cash used in investing activities included $2.0 million for capitalized internal-use software development costs in Q1 2025[137] - The company expects existing cash and cash equivalents to be sufficient to fund operations and capital expenditures for at least the next twelve months[143] - Changes in working capital for Q1 2025 included a decrease of $14.4 million in accounts payable and other liabilities[136] - The company may need to raise additional capital in the future due to potential decreases in demand or unexpected expenses[144] Share Repurchase - The company repurchased 3.9 million shares at an average cost of $6.10 per share for a total of $23.5 million during Q1 2025[141] - A new stock repurchase program of up to $50 million was authorized on April 29, 2025[141] Taxation - Income tax provision increased by $0.073 million or 22%, primarily due to higher foreign withholding taxes[120]
Vimeo(VMEO) - 2025 Q1 - Earnings Call Transcript
2025-05-05 21:00
Vimeo (VMEO) Q1 2025 Earnings Call May 05, 2025 05:00 PM ET Speaker0 Hello, and thank you for joining Vimeo's Q1 twenty twenty five earnings live Q and A. Before we begin, a few comments. First, this session will be recorded and available on the Vimeo Investor Relations website later today. Second, we will discuss Vimeo's outlook and future performance. These future looking statements typically may be preceded by words such as we expect, we believe, we anticipate, or other such statements. These forward thi ...