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Dec 31, 2023
Vimeo Q4 2023 Earnings Report
Vimeo's Q4 2023 results highlighted improved profitability and bookings, with revenue remaining flat year-over-year.
Key Takeaways
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%.
Revenue by Segment
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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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