Vimeo Q2 2024 GAAP EPS $0.06 Beats $0.01 Estimate, Sales $104.376M Beat $99.578M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vimeo (NASDAQ:VMEO) reported Q2 2024 earnings of $0.06 per share, significantly beating the analyst estimate of $0.01. The company also reported sales of $104.376 million, surpassing the $99.578 million estimate. Both earnings and sales showed year-over-year growth.
August 05, 2024 | 8:44 pm
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Vimeo reported Q2 2024 earnings of $0.06 per share, beating the analyst estimate of $0.01 by 500%. Sales were $104.376 million, surpassing the $99.578 million estimate. Both earnings and sales showed year-over-year growth.
Vimeo's earnings and sales both exceeded analyst expectations, indicating strong financial performance. This positive news is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100