Core Insights - Vimeo has appointed Irene Hendricks as Chief People Officer to enhance its people-first strategy and culture, reflecting the company's growth in attracting top-tier talent [1][2] - Hendricks brings over 25 years of experience in human resources, having held leadership roles at various financial technology companies, including Acclara, DailyPay, MasterCard, and Citi [2] - The company aims to foster an inclusive and innovative culture that empowers all team members to contribute their best [3] Company Overview - Vimeo is recognized as the world's most innovative video experience platform, enabling users to create high-quality video experiences [4] - The platform serves millions of users, including creative storytellers and large global teams, with videos receiving billions of views each month [4]

Have you been paying attention to shares of Vimeo, Inc. (VMEO) ? Shares have been on the move with the stock up 8.3% over the past month. The stock hit a new 52-week high of $7.9 in the previous session. Vimeo, Inc. has gained 86.7% since the start of the year compared to the 23.9% move for the Zacks Business Services sector and the 56.3% return for the Zacks Technology Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed ...

Core Insights - Vimeo has appointed Ryan Weeks as Chief Information Security Officer (CISO) to enhance its security, compliance, and risk management functions, aiming to be the most trusted platform for professional video creators globally [1][2] - The company emphasizes the growing importance of secure and private video communication for businesses, highlighting the need for robust video asset management [2] - Ryan Weeks brings nearly two decades of experience in information security, previously serving as CISO at Datto, Inc., where he developed a comprehensive security program [2][3] Company Overview - Vimeo is recognized as the world's most innovative video experience platform, catering to a diverse user base from individual creators to large enterprises [4] - The platform facilitates high-quality video experiences, enabling users to connect and express ideas effectively, with videos on Vimeo receiving billions of views monthly [4]

Vimeo, Inc. (VMEO) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in e ...

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Vimeo, Inc. (VMEO) - Vimeo, Inc. currently holds a Momentum Style Score of A, indicating strong momentum potential [3]. - The company has a Zacks Rank of 1 (Strong Buy), which historically outperforms the market when combined with a Style Score of A or B [4]. Performance Metrics - Over the past week, VMEO shares increased by 1.67%, while the Zacks Technology Services industry declined by 0.51% [6]. - In a longer timeframe, VMEO's monthly price change is 39.54%, significantly outperforming the industry's 0.15% [6]. - Over the last quarter, VMEO shares rose by 31.64%, and over the past year, they increased by 86.19%, compared to the S&P 500's gains of 13.52% and 37.4%, respectively [7]. Trading Volume - VMEO's average 20-day trading volume is 1,547,412 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - Recent earnings estimate revisions for VMEO show positive momentum, with two estimates moving higher for the full year, raising the consensus estimate from $0.08 to $0.14 [10]. - For the next fiscal year, two estimates have also increased, with no downward revisions noted [10].

Have you been paying attention to shares of Vimeo, Inc. (VMEO) ? Shares have been on the move with the stock up 39.5% over the past month. The stock hit a new 52-week high of $7.18 in the previous session. Vimeo, Inc. has gained 71.9% since the start of the year compared to the 24.6% move for the Zacks Business Services sector and the 44.5% return for the Zacks Technology Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our ...

Core Insights - Vimeo, Inc. reported better-than-expected third-quarter financial results and provided fourth-quarter sales guidance above market estimates [1][2] Financial Performance - Quarterly earnings were reported at 5 cents per share, surpassing the analyst consensus estimate of 1 cent per share [2] - Quarterly sales reached $104.564 million, exceeding the analyst consensus estimate of $99.605 million [2] Future Guidance - For the fourth quarter, Vimeo anticipates sales of $100 million, compared to market estimates of $97.14 million [2] Stock Performance - Following the earnings announcement, Vimeo shares increased by 44.7%, trading at $6.96 [2] Analyst Ratings and Price Targets - Truist Securities analyst Youssef Squali maintained a Buy rating and raised the price target from $7 to $9 [2] - Piper Sandler analyst Thomas Champion reiterated a Neutral rating and increased the price target from $5 to $7 [2] - TD Cowen analyst John Blackledge maintained a Hold rating and raised the price target from $6 to $7 [2]

Market Performance - U.S. stocks traded higher, with the Dow Jones index gaining over 350 points, up 0.86% to 42,154.69, NASDAQ rose 1.25% to 18,407.20, and S&P 500 increased by 1.01% to 5,770.63 [1] - Consumer discretionary shares surged by 1.7%, while energy shares rose by only 0.3% [1] Trade Deficit - The U.S. trade deficit increased to $84.4 billion in September, the highest level since April 2022, exceeding market estimates of an $84.1 billion gap, compared to a revised $70.8 billion gap in August [2][6] Notable Stock Movements - Bionomics Limited (BNOX) shares surged 156% to $0.49 after securing an AUS$1 million milestone payment, with potential earnings of up to AUS$118 million [2] - Vimeo Inc (VMEO) shares rose 45% to $6.95 following better-than-expected Q3 results and optimistic Q4 sales guidance [2] - ZyVersa Therapeutics, Inc. (ZVSA) shares increased by 33% to $2.41 due to promising data on inflammasome inhibition [2] Declining Stocks - Marqeta, Inc. (MQ) shares dropped 41% to $3.52 after disappointing Q3 sales results and multiple downgrades [3] - Verrica Pharmaceuticals Inc. (VRCA) shares fell 40% to $0.86 following poor quarterly results [3] - Bioventus Inc. (BVS) shares decreased by 20% to $10.97 after announcing Q3 results [3] Commodity Prices - Oil traded up 0.5% to $71.83, gold up 0.2% to $2,750.40, silver up 0.5% to $32.775, and copper rose 0.9% to $4.4720 [4] European Market Performance - European shares were mostly higher, with the eurozone's STOXX 600 up 0.06%, Germany's DAX gaining 0.57%, and France's CAC 40 rising 0.48% [4] - Spain's consumer confidence indicator declined by 4.6 points to a reading of 84.8 in September [4] Asian Market Performance - Asian markets closed higher, with Japan's Nikkei 225 gaining 1.11%, Hong Kong's Hang Seng Index up 2.14%, China's Shanghai Composite Index up 2.32%, and India's BSE Sensex gaining 0.88% [5]

Core Viewpoint - Vimeo's stock surged 42% following the release of its Q3 2024 financial results, reaching its highest price in over two years, despite a slight decline in revenue [1]. Financial Performance - In Q3, Vimeo's revenue decreased by almost 2% year over year, while the gross margin remained stable at 79%. The net income increased to $9 million from $8 million in the previous year [2]. - The company has successfully cut expenses, leading to record highs in earnings per share (EPS) and free cash flow [3]. Growth Potential - Although overall revenue is down, Vimeo's enterprise product is experiencing significant growth, with bookings for the enterprise platform increasing by 39% in Q3, now representing 25% of total bookings [4]. - The stock was previously undervalued, trading at two times its sales and about 16 times its free cash flow, which may have been justified for a declining business. However, if the enterprise-video platform continues to grow, the current valuation could be considered cheap [5]. Future Outlook - The key factor for Vimeo's future success is its ability to profitably scale its enterprise platform, which could lead to further stock price appreciation [6].

So far, the Q3 earnings season has continued to prove itself to be quite the opportune time for small and mid-cap rebound plays. Investors have sent shares of these turnaround stocks up double-digits on just the slightest whiff of good news, relatively unfazedWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He h ...