Vimeo Full Year 2024 Earnings: EPS Misses Expectations

Vimeo (NASDAQ:VMEO) Full Year 2024 Results

Key Financial Results

• Revenue: US$417.0m (flat on FY 2023).
• Net income: US$27.0m (up 25% from FY 2023).
• Profit margin: 6.5% (up from 5.2% in FY 2023).
• EPS: US$0.17 (up from US$0.13 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Vimeo EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 12%.

Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in the US.

Performance of the American Interactive Media and Services industry.

The company's shares are down 17% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Vimeo's balance sheet and an in-depth analysis of the company's financial position.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.