Vimeo Third Quarter 2022 Earnings: Beats Expectations – Simply Wall St News

Vimeo (NASDAQ:VMEO) Third Quarter 2022 ResultsKey Financial Results Revenue: US$108.1m (up 8.0% from 3Q 2021). Net loss: US$21.4m (loss widened by 84% from 3Q 2021). US$0.13 loss per share (further deteriorated from US$0.073 loss in 3Q 2021). NasdaqGS:VMEO Earnings and Revenue Growth November 5th 2022 All figures shown in the chart above are for the trailing 12 month (TTM) period Vimeo Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Looking ahead, revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Interactive Media and Services industry in the US. Performance of the American Interactive Media and Services industry. The company’s shares are up 5.7% from a week ago. Risk Analysis It is worth noting though that we have found 1 warning sign for Vimeo that you need to take into consideration.Valuation is complex, but we’re helping make it simple.Find out whether Vimeo is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.View the Free AnalysisHave feedback on this article? Concerned
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