Vimeo Expects Q2 Revenue Slightly Below $100M vs $97.78M Est.
Portfolio Pulse from Benzinga Newsdesk
Vimeo anticipates its Q2 revenue to be slightly below $100M, compared to the estimated $97.78M.

May 06, 2024 | 9:15 pm
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Vimeo expects its Q2 revenue to be slightly below $100M, surpassing the estimated $97.78M.
Vimeo's projection of its Q2 revenue to be slightly below $100M, which is above the analysts' estimate of $97.78M, suggests a positive performance compared to expectations. This could lead to a positive short-term impact on VMEO's stock price as it indicates better-than-expected financial health and growth prospects.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100