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Sep 30, 2022
Vimeo Q3 2022 Earnings Report
Vimeo's Q3 2022 revenue increased by 8% year-over-year, driven by sales-assisted momentum and achieving positive Adjusted EBITDA and Free Cash Flow.
Key Takeaways
Vimeo's Q3 2022 results showed an 8% year-over-year revenue growth, driven by sales-assisted momentum. The company achieved positive Adjusted EBITDA and Free Cash Flow, with Vimeo Enterprise reaching a Net Revenue Retention of 104% and comprising 50% of sales-assisted new bookings.
Revenue increased 8% year-over-year to $108.1 million.
Sales-Assisted revenue grew 30% year-over-year.
Gross profit increased 11% year-over-year to $82.9 million.
Free Cash Flow was $13.4 million, representing 12% of revenue.
Forward Guidance
For the full year 2022, Vimeo expects revenue growth near 10% year-over-year, operating loss between $100 million and $103 million, and Adjusted EBITDA loss between $15 million and $18 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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