Vimeo(VMEO) - 2024 Q2 - Quarterly Results

Exhibit 99.1 vimeo Q2'24 Shareholder Letter August 5, 2024 Dear Shareholders, Philip Moyer, CEO . I joined Vimeo three months ago because I saw significant potential at the intersection of video and AI for Vimeo's millions of users and a wildly underappreciated Vimeo Enterprise SaaS product, serving thousands of businesses and on track to break a $100 million annualized bookings run rate. We currently host over 8 billion minutes of video assets on our platform and our understanding of customer workflows, in ...