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Vimeo inc   (VMEO)
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Price: $5.5800 $0.20 3.717%
Day's High: $5.77 Week Perf: 2.01 %
Day's Low: $ 5.34 30 Day Perf: 38.12 %
Volume (M): 5,615 52 Wk High: $ 5.77
Volume (M$): $ 31,329 52 Wk Avg: $3.85
Open: $5.38 52 Wk Low: $3.02



 Market Capitalization (Millions $) 946
 Shares Outstanding (Millions) 169
 Employees 1,219
 Revenues (TTM) (Millions $) 417
 Net Income (TTM) (Millions $) 22
 Cash Flow (TTM) (Millions $) 53
 Capital Exp. (TTM) (Millions $) 0

Vimeo Inc
Our mission is to enable professional-quality video for all.
We believe that we can empower every professional, team and organization to use video, with tools that are far easier and more effective than ever before.
Who we are
We are the world's leading all-in-one video software solution, providing the full breadth of video tools through a software-as-a-service ('SaaS') model.
We provide a single turnkey solution to create, collaborate and communicate with video. Businesses face significant barriers to use video today, including time, cost, lack of technical expertise and the need to pay for and manage multiple software vendors. Our cloud-based software eliminates these barriers and solves essential video needs, including:
Creation: Record, produce, edit and stream videos, for both live and on-demand viewing.
Collaboration: Share videos privately with clients and teams, review and comment on work-in-progress videos and manage team access and permissions.
Distribution: Share videos publicly, including: publishing on a website, blog, marketplace or social media platform, broadcasting through a secure corporate portal, or building a branded video destination or storefront.
Hosting: Organize and manage a central video library across users and teams, in one centralized location.
Marketing: Use video to engage customers.
Monetization: Monetize video through a subscription fee, pay-per-view model or third-party advertising, across devices, currencies and payment methods.
Analytics: Measure video performance across platforms, including tracking viewer engagement and drop-off rates, sources of traffic and customer leads.
We serve a growing community of over 260 million registered users (those users who have created an account with us using an email address) in over 190 countries. Our users include creative professionals, small businesses, marketers, agencies, schools, nonprofits and large organizations. They range from the Emmy-nominated animator working on her next short, to the beauty entrepreneur creating videos for Instagram and her Shopify store, to the Fortune 500 company live streaming town halls and remotely training sales associates at stores around the world.

We earn revenue primarily through a SaaS business model, selling subscriptions to our cloud-based software on an annual or monthly basis. We employ a 'freemium' pricing strategy, offering free membership and access to our video tools alongside paid subscription plans for advanced video capabilities. As of December 31, 2021, over 95% of our subscribers purchased plans without ever speaking to customer support or going through a salesperson.
Basic (free) memberships
Anyone can access a basic (free) membership to Vimeo by signing up with an email address. With a basic membership, users can create, record, upload and share videos through our website and native apps for free. Our free users are subject to weekly and total caps on uploaded videos, and do not have access to advanced video capabilities such as live streaming or the ability to add team members. We provide opportunities to upgrade to a paid subscription at natural points in the user's experience, such as when a free user nears or hits an uploaded video cap. We also highlight the advanced video capabilities of our subscription plans natively within our free user product experience.


   Company Address: 330 West 34th Street New York 10001 NY
   Company Phone Number: 524-8791   Stock Exchange / Ticker: NASDAQ VMEO
   


Customers Net Income grew by VMEO's Customers Net Profit Margin grew to

9.35 %

9.73 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

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PINS   -2.55%    
SNAP   -6.03%    
TBLA   -3.78%    
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Vimeo Inc

Vimeo Continues to Soar: A Look at Their Remarkable Year-End Performance


Vimeo, the popular online video platform, has recently announced the date for its fourth quarter and fiscal year 2023 earnings report and earnings video event. This announcement also coincides with the publication of Vimeo's shareholder letter for the fourth quarter and full year of 2023. In this article, we will provide an overview of Vimeo's performance and achievements, as well as discuss its market and stock performance.
Vimeo's Performance and Achievements
Vimeo has experienced consistent growth and success throughout the fourth quarter of 2023, contributing to a strong year-end performance. The shareholder letter highlights Vimeo's progressive year-to-date performance, which currently stands at an impressive 2.89%. This reflects the company's commitment to delivering value to its investors while maintaining steady growth.

Management Announcement

Vimeo Reports Impressive Return on Investment in Q4, Company Achieves Record High in 2023

Published Wed, Feb 21 2024 9:09 PM UTC


Introduction
Vimeo, the popular online video platform, has published its shareholder letter for the fourth quarter and full year of 2023, highlighting its performance and achievements. In this article, we will delve into the content of the press release and its implications for the company. Notably, Vimeo achieved a remarkable return on average invested assets (ROI)...

Vimeo Inc

Vimeo Inc Struggles to Inspire with Lackluster Performance in Recent Fiscal Quarter

Vimeo Inc, a leading Internet Services & Social Media company, has recently reported its financial results for the third quarter of 2023, showcasing several significant developments. Despite a -2.48% decrease in revenue to $105.45 million compared to the same quarter in the previous year, the company managed to turn profitable. With earnings per share (EPS) reaching $0.05, Vimeo Inc booked a net profit of $8.464 million in the fiscal third quarter of 2023, a significant improvement from the net shortfall of $-21.416 million during the same quarter last year.
One notable aspect of Vimeo Inc's performance is its improving profit margins, as evidenced by a rise in net margin to 8.03% and an increase in operating margin to 5.39% in the fiscal third quarter of 2023. These improved margins reflect the company's ability to effectively manage its operations and generate higher returns on its revenue.

Vimeo Inc

Intriguing Swings at Vimeo Inc: Sharp Increases in Shares amid Revenue Decline as Financial Quarter Ends June 2023



Vimeo Inc, a renowned Internet Services & Social Media company, has witnessed a remarkable surge in its shares over the past five trading days, with an impressive gain of 8.71%. Furthermore, the shares have experienced an overall increase of 18.39% in 2023. Despite these positive stock market developments, Vimeo Inc faced challenges in revenue and profitability in the second quarter of 2023. This article aims to interpret the impact of these financial results and discuss the potential implications for the company's future.
1. Dwindling revenue but improved profitability:
Vimeo Inc's financial report for Q2 2023 displayed a decline in revenue of -8.238%, dropping to $101.84 million from $110.98 million in the same period a year ago. However, the company managed to turn its profitability positive, with earnings of $0.03 per share compared to a shortfall of $-0.16 per share in the previous year. This positive progression indicates improved operational efficiency and cost management strategies.

Vimeo Inc

Vimeo Inc Reports Lower Revenue in Q1 2023 Earnings Season, Faces Intense Competition

Vimeo Inc is a New York-based, video-sharing and video hosting platform that was established in 2004. The company has become synonymous with high-quality video content, prioritizing creative professionals as its target audience. Vimeo has gained a reputation as a leading video-collaboration and distribution platform for filmmakers, videographers, and creative professionals who want to showcase their works in stunning quality. The company is also known for commissioning original content, including documentaries and animated shorts.
As the first quarter of the 2023 earnings season approaches, Vimeo Inc has reported lower revenue than the previous year. This trend has resulted in a negative return on investment for investors. Although the current quarter's results show a smaller deficit per share compared to the previous year, the decline in revenue has led to cumulative losses totalling $54 million over the past 12 months. Vimeo Inc also ranked lower than 450 other companies in the technology sector and recorded a total rank of 3504 which is a deteriorating condition compared to the previous quarter.
One of the reasons contributing to Vimeo's decline in revenue is the intense competition in the video-sharing sector. Platforms like YouTube and TikTok have eaten into Vimeo's market share and taken away some of their potential users, leading users to upload their videos on these platforms instead of Vimeo which in turn affects the revenue negatively.
To fight back from the declining revenue and regain investors' trust, Vimeo has undergone a change in direction. The company plans to create a new app called Vimeo Record, which allows users to record, share, and store videos using just one app. The app will be available on both desktop and mobile platforms and can integrate with other video-editing programs such as Canva, Zoom, and Google Meet, providing seamless video-sharing services to users.
Vimeo has also acquired Magisto, an artificial intelligence-powered video platform that specializes in video editing and sharing. This acquisition will enable Vimeo to provide automated video-editing services to its existing users, increasing the level of user engagement and retention.






 

Vimeo Inc's Segments
 
 
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  Revenue Outlook
Vimeo Inc does not provide revenue guidance.

Earnings Outlook
Vimeo inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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