Vimeo (VMEO) Scheduled to Post Earnings on Monday

Vimeo (NASDAQ:VMEOGet Free Report) is scheduled to be releasing its earnings data after the market closes on Monday, November 6th. Analysts expect Vimeo to post earnings of ($0.05) per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Vimeo (NASDAQ:VMEOGet Free Report) last posted its quarterly earnings results on Tuesday, August 1st. The company reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.14. The company had revenue of $101.84 million during the quarter, compared to analysts’ expectations of $100.59 million. Vimeo had a negative return on equity of 6.09% and a negative net margin of 5.10%. Vimeo’s revenue was down 8.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.16) EPS. On average, analysts expect Vimeo to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Vimeo Stock Up 5.1 %

NASDAQ:VMEO opened at $3.28 on Friday. Vimeo has a twelve month low of $3.02 and a twelve month high of $5.19. The stock’s 50-day simple moving average is $3.54 and its 200 day simple moving average is $3.80. The firm has a market capitalization of $547.30 million, a PE ratio of -25.23 and a beta of 1.89.

Institutional Investors Weigh In On Vimeo

A number of hedge funds have recently made changes to their positions in the stock. Dynamic Technology Lab Private Ltd lifted its stake in Vimeo by 2.7% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 43,345 shares of the company’s stock valued at $515,000 after purchasing an additional 1,148 shares during the last quarter. HighTower Advisors LLC boosted its holdings in shares of Vimeo by 3.3% during the 1st quarter. HighTower Advisors LLC now owns 64,476 shares of the company’s stock valued at $730,000 after acquiring an additional 2,052 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Vimeo by 7.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 29,962 shares of the company’s stock valued at $180,000 after acquiring an additional 2,069 shares in the last quarter. Captrust Financial Advisors grew its position in Vimeo by 31.5% during the 2nd quarter. Captrust Financial Advisors now owns 10,190 shares of the company’s stock worth $61,000 after acquiring an additional 2,443 shares during the last quarter. Finally, Keeley Teton Advisors LLC increased its holdings in Vimeo by 22.6% in the 1st quarter. Keeley Teton Advisors LLC now owns 13,971 shares of the company’s stock worth $166,000 after purchasing an additional 2,573 shares in the last quarter. 84.28% of the stock is currently owned by institutional investors and hedge funds.

About Vimeo

(Get Free Report)

Vimeo, Inc, together with its subsidiaries, provides video software solutions worldwide. The company provides the video tools through a software-as-a-service model, which enables its users to create, collaborate, and communicate with video on a single platform. It also offers over-the-top OTT streaming and monetization services; AI-driven video creation and editing tools; and interactive and shoppable video tools.

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Earnings History for Vimeo (NASDAQ:VMEO)

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