Vimeo (VMEO) Tops Q3 EPS by 4c

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Vimeo Reports Q3 2022 Financial Results

November 2, 2022 4:05 PM EDT

Q3 Revenue grew 8% year-over-year with continued Sales-Assisted momentum

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... More