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Vimeo (VMEO) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Zacks Equity Research
·2-min read

For the quarter ended March 2024, Vimeo, Inc. (VMEO) reported revenue of $104.91 million, up 1.3% over the same period last year. EPS came in at $0.04, compared to $0.00 in the year-ago quarter.

The reported revenue represents a surprise of +4.45% over the Zacks Consensus Estimate of $100.44 million. With the consensus EPS estimate being -$0.01, the EPS surprise was +500.00%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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Here is how Vimeo performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Ending Subscribers (Self-Serve & Add-Ons+Vimeo Enterprise+Other): 1,412.7 million versus the two-analyst average estimate of 1,398.47 million.

  • ARPU - Self-Serve & Add-Ons: $206 compared to the $201.53 average estimate based on two analysts.

  • ARPU - Vimeo Enterprise: $21,203 versus $20,980.59 estimated by two analysts on average.

  • Subscribers - Other: 60.4 thousand compared to the 55.08 thousand average estimate based on two analysts.

  • Subscribers - Self-Serve & Add-Ons: 1,348.6 thousand versus the two-analyst average estimate of 1,339.99 thousand.

  • Subscribers - Vimeo Enterprise: 3.7 thousand versus the two-analyst average estimate of 3.4 thousand.

  • ARPU - Other: $1,044 versus $995.90 estimated by two analysts on average.

  • Revenue- Other: $16.53 million versus $15.02 million estimated by three analysts on average.

  • Revenue- Vimeo Enterprise: $18.47 million compared to the $17.27 million average estimate based on three analysts.

  • Revenue- Self-Serve & Add-Ons: $69.91 million compared to the $67.47 million average estimate based on three analysts.

View all Key Company Metrics for Vimeo here>>>

Shares of Vimeo have returned +2.7% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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Zacks Investment Research