Vimeo Inc. · Q2 2022 earnings

Briefing

Vimeo's Q2 2022 financial results were released, showing revenue growth and strategic business changes.

Vimeo's Q2 2022 revenue increased by 16% year-over-year to $111 million, driven by subscriber and ARPU growth. The company is implementing strategic changes to adapt to a challenging environment, aiming for long-term growth and profitability.

• Revenue increased 16% year-over-year, reaching $111 million.
• Sales-Assisted Revenue grew 45% year-over-year.
• Vimeo has approximately 1.7 million subscribers and over 9,000 paying Sales-Assisted Customers.
• Launched new interactive video capabilities integrated within the Vimeo platform.

Headline financials

Revenue & EPS history

Vimeo expects revenue growth to exceed 5% year-over-year, GAAP operating loss between $29 million and $31 million, and Adjusted EBITDA loss between $3 million and $5 million for Q3 2022. For full-year 2022, Vimeo expects revenue growth near 10% year-over-year, GAAP operating loss between $107 million and $112 million, and Adjusted EBITDA loss between $20 million and $25 million.