Vimeo (VMEO) Tops Q3 EPS by 3c

Vimeo (NASDAQ: VMEO) reported Q3 EPS of ($0.07), $0.03 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $100.1 million versus the consensus estimate of $99.95 million.

“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 adopted beyond traditional video conferencing, and we are leading this new frontier.”

For earnings history and earnings-related data on Vimeo (VMEO) click here.

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