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Jun 30, 2022
Vimeo Q2 2022 Earnings Report
Vimeo's Q2 2022 financial results were released, showing revenue growth and strategic business changes.
Key Takeaways
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.
Forward Guidance
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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