VMEO - Earnings announcements

Anjali Sud will remain CEO through August 31, 2023Company reaffirms second quarter and fiscal year 2023 financial outlook NEW YORK, July 05, 2023 (GLOBE NEWSWIRE) -- Vimeo (NASDAQ:VMEO) announced today that after nine years at the company, Chief Executive Officer Anjali Sud will be departing to pursue a new opportunity. Effective September 1, board member and seasoned SaaS executive, Adam Gross, will step in as interim CEO while the company initiates a search for a permanent replacement. "As an experienced executive, SaaS veteran and trusted member of Vimeo's board since 2021, Adam brings a deep understanding of Vimeo and is well-placed to oversee the continued execution of the company's

Vimeo Enterprise Bookings growth accelerated to 62% year-over-yearNet loss narrowed to $0.7 millionDelivered positive Adjusted EBITDA for third consecutive quarter NEW YORK, May 03, 2023 (GLOBE NEWSWIRE) -- Vimeo, Inc. (NASDAQ:VMEO) ("Vimeo") released its results for the first quarter ended March 31, 2023 today. "In the first quarter Vimeo delivered our third consecutive quarter of positive Adjusted EBITDA and Free Cash Flow, and our third quarter of accelerating Bookings growth in Vimeo Enterprise," said Anjali Sud, Chief Executive Officer of Vimeo. "Importantly, we are seeing encouraging signs that we can return Self-Serve to growth as we get to a more normalized post COVID environment

NEW YORK, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Vimeo, Inc. (NASDAQ:VMEO) ("Vimeo") released its results for the fourth quarter ended December 31, 2022 today. "Vimeo ended 2022 with our second consecutive quarter of positive Adjusted EBITDA and Free Cash Flow, and bookings in our flagship Vimeo Enterprise business accelerated to grow 59% year-over-year," said Anjali Sud, Chief Executive Officer of Vimeo. "In 2023, we have a clear plan to continue Vimeo Enterprise momentum and get Self-Serve back to growth, while allocating resources in a way that should meaningfully simplify our business, improve capital efficiency and maintain our leadership in innovation." Watch Vimeo's interactive shareho

NEW YORK, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Vimeo, Inc. (NASDAQ:VMEO) ("Vimeo") released its results for the third quarter ended September 30, 2022 today. "In Q3 we achieved two important and validating milestones as a business," said Anjali Sud, Chief Executive Officer of Vimeo. "First, we continue to deliver exciting momentum in our flagship product Vimeo Enterprise, which has achieved Net Revenue Retention of 104% and now comprises 50% of our Sales-Assisted new bookings. Second, this quarter we generated positive Adjusted EBITDA and positive Free Cash Flow. We remain focused on bringing the innovative power of video to every company in the world, and as part of that, we are releasi

NEW YORK, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Vimeo, Inc. (NASDAQ:VMEO) ("Vimeo") released its results for the second quarter ended June 30, 2022 today.  "We continue to see the largest companies in the world embracing video," said Anjali Sud, Chief Executive Officer of Vimeo. "We now have over 9,000 customers sold via our salesforce, representing 35% of our Q2 revenue, and are seeing new products like our recently launched interactive video capabilities gain adoption with companies from Estee Lauder to Splunk. We are executing several important strategic changes to the business as we look to respond with speed and agility to a challenging environment. We have plenty to do and prove,

NEW YORK, May 04, 2022 (GLOBE NEWSWIRE) -- Vimeo, Inc. (NASDAQ:VMEO) ("Vimeo") released its results for the first quarter ended March 31, 2022 today. "We are continuing to see a global transformation with businesses adopting video as a mission-critical tool to grow revenue and increase productivity," said Mark Kornfilt, President, Chief Product Officer and Interim Chief Executive Officer of Vimeo. "While we're still working through the impact of post-pandemic normalization, we're coming out of this period as a stronger, better company, growing 35% annually over the last 3 years. We have a more profitable and healthy base of recurring revenue, a unique competitive position and an enormou

Q4 2021 Revenue increases 27% to $106 millionFull-Year 2021 Revenue increases 38% to $392 million NEW YORK, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Vimeo, Inc. (NASDAQ:VMEO) ("Vimeo") released its results for the fourth quarter and full year ended December 31, 2021 today. Vimeo separately posted a letter to shareholders from Vimeo CEO Anjali Sud on the Investor Relations section of its website at https://investors.vimeo.com/. "Our product expansion efforts in 2021 are starting to bear real fruit," said Anjali Sud, Chief Executive Officer of Vimeo. "We are now selling our all-in-one solution to some of the largest companies in the world, and seeing millions of employees

Q3 Revenue increases 33% to $100 million NEW YORK, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Vimeo, Inc. (NASDAQ:VMEO) ("Vimeo") released its third quarter results today. "Vimeo delivered its first $100 million revenue quarter as the need for video at work grows," said Anjali Sud, Chief Executive Officer of Vimeo. "More than 6,000 enterprise customers can now use our all-in-one software solution to leverage the power of professional-quality video. This week's launch of Vimeo Events is the latest expansion of our product suite, designed to help every marketer produce and promote stunning virtual events with ease. We are at the very beginning of how video will be ad

NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Vimeo, Inc. (NASDAQ:VMEO) ("Vimeo") released its second quarter results today. Monthly metrics for Vimeo through July 2021 are included on page 2 of this release. "The evolution of video as the new way to work continues," said Anjali Sud, Chief Executive Officer of Vimeo. "In the second quarter we gained momentum in the enterprise with expanded product breadth, as we enhanced our all-in-one software solution to enable every employee to be a content creator and every business to be video-first. Our execution is on track and we are investing strategically to position Vimeo as a long-term winner in this large and early market." VIMEO, INC. SUMMARY