VMEO - Vimeo down 20% after guidance disappointment: Q4 Earnings

Vimeo (VMEO -18.9%) fell after the company released its fourth quarter's earnings report with the soft guidance for Q1 2022. Q4 revenue increased 26.6% Y/Y to $106.1M, driven by 11% increase in subscribers and 13% growth in ARPU. Sales-Assisted Revenue grew over 50% Y/Y during the quarter.  Operating loss was $23.6M compared to $3.7M in 4Q20. Adjusted EBITDA loss amounted to $7.6M. Cash flow from operating activities was negative $11.6M, compared to negative $5.2M a year ago.  Free cash flow was $15.5M. GAAP EPS of -$0.15. Q1 Guidance: The company expects revenue growth to be in the range of 17% to 19% Y/Y. Operating loss to be between $25.5-$27.5M; GAAP Operating loss margin of roughly negative 25% at the midpoint of the guided ranges. Adjusted EBITDA loss to be between $10-$12M, representing Adjusted EBITDA margin of roughly negative 10% at the midpoint. FY 2022 Guidance: Revenue growth to be in the range of

For further details see:

Vimeo down 20% after guidance disappointment: Q4 Earnings