Vimeo reported a strong Q2 2021 with a 43% increase in revenue to $96 million. The company saw growth in subscribers and ARPU, particularly in the enterprise segment, and is investing strategically to strengthen its position in the video software market.
Revenue increased 43% year-on-year, driven by a 17% increase in subscribers and 18% growth in ARPU.
Enterprise revenue grew more than 80% in the quarter.
GAAP operating loss was $20.3 million, or 21% of revenues.
Free cash flow was $18.1 million.
Vimeo will live stream a video conference to answer questions regarding its second quarter results on Friday, August 6, 2021.
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