Vimeo (NASDAQ:VMEO) Posts Earnings Results, Meets Expectations

Vimeo (NASDAQ:VMEO) released its quarterly earnings data on Wednesday. The company reported $0.01 earnings per share for the quarter, meeting the consensus estimate of $0.01, Zacks reports. Vimeo had a return on equity of 8.56% and a net margin of 8.08%. Vimeo updated its Q1 2025 guidance to EPS.

Vimeo Trading Up 1.0 %

Vimeo stock traded up $0.07 during mid-day trading on Wednesday, hitting $6.78. The company had a trading volume of 4,947,617 shares, compared to its average volume of 1,322,385. Vimeo has a 12-month low of $3.43 and a 12-month high of $7.90. The company’s fifty day moving average is $6.60 and its 200-day moving average is $5.87. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 33.90 and a beta of 2.21.

Analyst Upgrades and Downgrades

VMEO has been the subject of several recent research reports. Truist Financial lifted their price objective on Vimeo from $7.00 to $9.00 and gave the company a “buy” rating in a report on Tuesday, November 5th. Piper Sandler upgraded shares of Vimeo from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $7.00 to $10.00 in a report on Tuesday, December 10th. Finally, TD Cowen upped their price objective on shares of Vimeo from $6.00 to $7.00 and gave the company a “hold” rating in a report on Tuesday, November 5th.

Vimeo Company Profile

Vimeo, Inc, together with its subsidiaries, provides video software solutions worldwide. It provides the video tools through a software-as-a-service model, which enables its users to create, collaborate, and communicate with video on a single platform. The company also offers over-the-top OTT streaming and monetization services; AI-driven video creation and editing tools; and interactive and shoppable video tools.