NASDAQ$VMEO

Vimeo Inc. · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Vimeo's Q4 2023 results highlighted improved profitability and bookings, with revenue remaining flat year-over-year.

Vimeo's Q4 2023 demonstrated progress in profitability and bookings, achieving flat year-over-year revenue of $106 million. Enterprise bookings grew by 34%, and the company welcomed new enterprise clients. Focus remains on product-led growth and cost discipline to drive future sustainable growth.

  • Total revenue was $106 million, flat year-over-year.
  • Vimeo Enterprise bookings increased by 34% year-over-year.
  • Self-Serve & Add-Ons saw improvements in bookings and revenue growth rates.
  • GAAP and non-GAAP gross profit margin were both 78%.

Headline financials

Total Revenue

$106M

Previous: $106M-0.0%
EPS (adj)

$0.05

Previous: -$0.03+266.7%
Capital Expenditures

$0.00

Previous: $132K-100.0%
Free Cash Flow

$10M

Previous: $1.9M+426.3%
Net Income

$8M

Previous: -$5.12M+256.4%
Operating Income

$8M

Previous: -$6.5M+223.0%
Gross Profit

$82.7M

Previous: $80.9M+2.3%
R&D Expense

$26M

No prior period
Stock-Based Comp

$6.61M

Previous: $12.1M-45.3%

Revenue & EPS history

Vimeo · Revenue · Quarterly

$106M

Q4 2023-0%vs Q4 2022
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Vimeo · $20.8M total across 1 segment · Q3 2023

  • Vimeo Enterprise
    $20.8M

Forward guidance

For the full year 2024, Vimeo expects revenue to be between $385 million and $400 million (down 8% to 4% year-over-year), operating loss to be approximately $5 million, and Adjusted EBITDA to be essentially flat with 2023.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 13 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

-0.5%

Avg return

Earnings day

+6.7%

Avg return

5 days after

+9.2%

Avg return

30 days after

50%

11 / 22 earnings

Positive

+43.2%

Q3 2024

Best reaction

-28.4%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q3 2025-0.4%-0.1%
Q2 2025+8.4%+2.4%+12.1%
Q1 2025-10.1%-9.7%-12.6%
Q4 2024-18.7%-14.6%-19.2%
Q3 2024+43.2%+39.2%+38.4%
Q2 2024+19.0%+30.2%+42.2%
Q1 2024+6.8%+7.4%+4.6%
Q4 2023+4.4%+9.4%+41.8%
Q3 2023+8.5%+8.2%+13.7%
Q2 2023+13.6%+2.9%-3.9%
Q1 2023+10.1%+8.6%+27.5%
Q4 2022+5.8%+8.0%-0.3%
Q3 2022+5.7%+10.6%+16.8%
Q2 2022+6.4%+12.5%-10.6%
Q1 2022-3.9%-14.0%-21.8%
Q4 2019-3.8%
Q4 2021-15.0%
Q3 2020-0.7%
Q3 2021-28.4%
Q4 2020-22.1%
Q2 2020-22.1%
Q2 2021-18.4%
Q1 2021
Q1 2020

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro