Revenue to be approximately $100 million,. 
Vimeo Enterprise Net Revenue Retention (NRR) was 100%.įor the second quarter of 2023, Vimeo expects:
Vimeo Enterprise added new customers including the BBC, UCLA, Warner Brothers, Johnson & Johnson, Karl Lagerfeld, and the National Gallery among other customers. #Vimeo stock free#
Cash used by operations was $1.2 million, and Vimeo generated positive Free Cash Flow of $4.9 million, or 5% of revenue. Adjusted EBITDA was $3.2 million, a $13.6 million improvement from the first quarter of 2022. Net loss was $0.7 million in the quarter, a $25.9 million improvement from the first quarter of 2022. Operating loss was $2.8 million, a $23.5 million improvement from the first quarter of 2022. Revenue decreased 4% year-over-year to $103.6 million, and Gross Profit decreased 2% year-over-year to $79.9 million. Vimeo Enterprise now represents 14% of total Bookings. Self-Serve & Add-Ons Bookings were down 6%, Vimeo Enterprise Bookings grew 62% year-over-year, and Other Bookings were down 31%. Total Bookings fell 5% year-over-year. Vimeo now has approximately 1.5 million Self-Serve & Add-Ons Subscribers, and 2.5 thousand Vimeo Enterprise Subscribers. See reconciliations of GAAP to n on-GAAP measures below. 
Watch Vimeo's interactive shareholder video now at /investors. We believe our results and the momentum behind our initiatives indicate that we’re very much on track to simplify Vimeo and grow efficiently in the future." "Importantly, we are seeing encouraging signs that we can return Self-Serve to growth as we get to a more normalized post COVID environment. "In the first quarter Vimeo delivered our third consecutive quarter of positive Adjusted EBITDA and Free Cash Flow, and our third quarter of accelerating Bookings growth in Vimeo Enterprise," said Anjali Sud, Chief Executive Officer of Vimeo. (NASDAQ: VMEO) (“Vimeo”) released its results for the first quarter ended Matoday. Vimeo Enterprise Bookings growth accelerated to 62% year-over-yearĭelivered positive Adjusted EBITDA for third consecutive quarter
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