VMEO Stock Recent News

NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Vimeo (NASDAQ: VMEO), the world's most innovative video experience platform for creators and enterprises, today appointed Charlie Ungashick as Chief Marketing Officer. Ungashick, who has supported the brand as interim CMO since January 2024, will oversee the brand's comprehensive marketing efforts across the consumer and commercial channels as Vimeo integrates leading-edge AI capabilities to deliver value for businesses, creators and video professionals globally. He will also lead and produce the company's first customer conference, Vimeo REFRAME , later this month.

Vimeo's recent rally, driven by better-than-expected Q2 results and Fed rate cuts, is unsustainable due to fundamental issues and lack of long-term recovery prospects. The enterprise segment's growth isn't sufficient to offset losses in the consumer subscription segment, which competes with free alternatives like YouTube. Vimeo's product lacks stickiness, making it easy for users to switch to competitors, undermining the subscription model's viability.

The headline numbers for Vimeo (VMEO) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Vimeo, Inc. (NASDAQ:VMEO ) Q2 2024 Results Conference Call August 5, 2024 5:00 PM ET Company Participants Philip Moyer - CEO Gillian Munson - CFO Conference Call Participants Youssef Squali - Truist Tom Champion - Piper Sandler Will Kerr - TD Cowen Operator Hello, and thank you for joining Vimeo's Q2 2024 earnings live Q&A. Before we begin, a few comments.

NEW YORK, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Vimeo posted its second quarter 2024 shareholder letter on the investor relations section of its website at https://www.vimeo.com/investors .

NEW YORK, July 24, 2024 (GLOBE NEWSWIRE) -- Vimeo, Inc. (NASDAQ: VMEO) today announced the date for its second quarter 2024 earnings report and earnings video event. After the close of market trading on Monday, August 5, 2024, Vimeo will post its second quarter results on the Investor Relations section of its website at https://www.vimeo.com/investors . On Monday, August 5, 2024 at 5:00 p.m. ET, Vimeo will live stream a video conference to answer questions regarding its second quarter results. The live stream and replay of the video will be accessible to the public at https://www.vimeo.com/investors .

If you are looking for explosive upside potential, it is a good idea to look at some dirt-cheap stocks under $10. There are many companies trading at bargain levels and have significant room for upside going forward as they recover and ramp up production.

While the top- and bottom-line numbers for Vimeo (VMEO) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Vimeo, Inc. (NASDAQ:VMEO ) Q1 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Company Participants Gillian Munson - CFO Philip Moyer - CEO Conference Call Participants Youssef Squali - Truist Brian Fitzgerald - Wells Fargo Tom Champion - Piper Sandler Will Kerr - TD Cowen Operator Hello, and thank you for joining Vimeo's Q1 2024 Earnings Live Q&A. Before we begin a few comments.

In the closing of the recent trading day, Vimeo, Inc. (VMEO) stood at $3.51, denoting a +1.01% change from the preceding trading day.