Vimeo (VMEO) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Vimeo, Inc. reported $104.56 million in revenue for Q3 2024, a year-over-year decline of 1.6%, but exceeded the Zacks Consensus Estimate of $99.48 million by 5.11% [1] - The company achieved an EPS of $0.05, matching the EPS from the same period last year, with a significant surprise of 400% compared to the consensus estimate of $0.01 [1] Revenue Metrics - ARPU for Self-Serve & Add-Ons was $209, surpassing the average estimate of $203.40 [3] - ARPU for Other was $1,082, exceeding the average estimate of $1,006.04 [3] - ARPU for Vimeo Enterprise reached $23,043, above the average estimate of $21,174.44 [3] - Revenue from Other was $15.03 million, compared to the average estimate of $13.09 million, reflecting a year-over-year decline of 21.3% [3] - Revenue from Vimeo Enterprise was $21.68 million, exceeding the average estimate of $20.31 million, with a year-over-year increase of 42.4% [3] - Revenue from Self-Serve & Add-Ons was $67.86 million, slightly above the average estimate of $65.99 million, representing a year-over-year decline of 5.7% [3] Stock Performance - Vimeo's shares have returned -1.4% over the past month, while the Zacks S&P 500 composite has increased by 0.4% [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [4]