Vimeo reports Q4 EPS 1c vs. 5c last year

Reports Q4 revenue $103M, consensus $100.59M.”In Q4, we delivered bookings growth. While revenue fell 2%, bookings grew 3%. We started executing investment plans while delivering net earnings of $2 million, operating income of $1 million, and Adjusted EBITDA* of $11 million. Vimeo (VMEO) Enterprise revenue grew 37% and reached a $100 million-plus run rate in annualized bookings for the second quarter in a row, placing Vimeo as one of the most successful enterprise video SaaS platforms in the world. Q4 ended with a cash balance of $325 million, up $24 million in 2024, after using over $30 million to buy back almost 6 million shares and satisfy tax obligations related to the vesting of equity.”