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Vimeo, Inc. (VMEO) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-12-11 15:16
Have you been paying attention to shares of Vimeo, Inc. (VMEO) ? Shares have been on the move with the stock up 8.3% over the past month. The stock hit a new 52-week high of $7.9 in the previous session. Vimeo, Inc. has gained 86.7% since the start of the year compared to the 23.9% move for the Zacks Business Services sector and the 56.3% return for the Zacks Technology Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed ...
Vimeo Appoints Ryan Weeks as Chief Information Security Officer
GlobeNewswire News Room· 2024-12-03 13:30
NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Vimeo (NASDAQ: VMEO), the world’s most innovative video experience platform for creators and enterprises, today announced the appointment of Ryan Weeks as Chief Information Security Officer (CISO), effective immediately. Ryan will lead Vimeo’s security, compliance, and risk management functions and support the company’s mission to be the most trusted and secure platform for professional video creators across the globe. “Secure, private, video is taking a central r ...
Surging Earnings Estimates Signal Upside for Vimeo (VMEO) Stock
ZACKS· 2024-11-07 18:20
Vimeo, Inc. (VMEO) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in e ...
Vimeo, Inc. (VMEO) Is Up 1.67% in One Week: What You Should Know
ZACKS· 2024-11-07 18:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
Vimeo, Inc. (VMEO) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-11-07 15:20
Have you been paying attention to shares of Vimeo, Inc. (VMEO) ? Shares have been on the move with the stock up 39.5% over the past month. The stock hit a new 52-week high of $7.18 in the previous session. Vimeo, Inc. has gained 71.9% since the start of the year compared to the 24.6% move for the Zacks Business Services sector and the 44.5% return for the Zacks Technology Services industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our ...
Vimeo Analysts Increase Their Forecasts After Strong Earnings
Benzinga· 2024-11-05 18:57
Vimeo, Inc. VMEO reported better-than-expected third-quarter financial results and issued fourth-quarter sales guidance above estimates.Vimeo reported quarterly earnings of 5 cents per share which beat the analyst consensus estimate of 1 cent per share. The company reported quarterly sales of $104.564 million which beat the analyst consensus estimate of $99.605 million.Vimeo said it sees fourth-quarter sales of $100.000 million, versus market estimates of $97.14 million.Vimeo shares gained 44.7% to trade at ...
S&P 500 Gains 1%; Vimeo Shares Spike Higher
Benzinga· 2024-11-05 18:36
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 350 points on Tuesday.The Dow traded up 0.86% to 42,154.69 while the NASDAQ rose 1.25% to 18,407.20. The S&P 500 also rose, gaining, 1.01% to 5,770.63.Check This Out: Wall Street’s Most Accurate Analysts Spotlight On 3 Financial Stocks Delivering High-Dividend YieldsLeading and Lagging SectorsConsumer discretionary shares surged by 1.7% on Tuesday.In trading on Tuesday, energy shares rose by just 0.3%.Top HeadlineTh ...
Here's Why Vimeo Stock Absolutely Skyrocketed Today
The Motley Fool· 2024-11-05 17:31
Is this overlooked stock finally a profitable growth company?Shares of video platform Vimeo (VMEO 41.37%) absolutely skyrocketed on Tuesday after the company reported financial results for the third quarter of 2024. As of 11:15 a.m. EST, Vimeo stock was up a staggering 42% and hitting its highest price in more than two years.Was the quarter really that good?In Q3, Vimeo's revenue was counterintuitively down almost 2% year over year. The company's gross margin was 79%, which was the same as last year. And it ...
Vimeo: Beware This Phantom Rally, There's Little Substance Behind This Company
Seeking Alpha· 2024-11-05 16:53
So far, the Q3 earnings season has continued to prove itself to be quite the opportune time for small and mid-cap rebound plays. Investors have sent shares of these turnaround stocks up double-digits on just the slightest whiff of good news, relatively unfazedWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He h ...
Vimeo(VMEO) - 2024 Q3 - Earnings Call Transcript
2024-11-05 02:05
Vimeo, Inc. (NASDAQ:VMEO) Q3 2024 Earnings Conference Call November 4, 2024 5:00 PM ET Company Participants Philip Moyer - CEO Gillian Munson - CFO Conference Call Participants John Blackledge - TD Cowen Tom Champion - Piper Sandler Youssef Squali - Truist Operator Hello and thank you for joining Vimeo's Q3 2024 Earnings Live Q&A. Before we begin, a few comments. First, this session will be recorded and available on the Vimeo Investor Relations site later today. Second, we will discuss Vimeo's outlook and f ...