Vimeo Analysts Increase Their Forecasts After Strong Earnings

Vimeo, Inc. VMEO reported better-than-expected third-quarter financial results and issued fourth-quarter sales guidance above estimates.Vimeo reported quarterly earnings of 5 cents per share which beat the analyst consensus estimate of 1 cent per share. The company reported quarterly sales of $104.564 million which beat the analyst consensus estimate of$99.605 million.Vimeo said it sees fourth-quarter sales of $100.000 million, versus market estimates of$97.14 million.Vimeo shares gained 44.7% to trade at ...