VMEO - Vimeo: Profitability Improvements But No Rebound Just Yet

2024-05-07 23:55:21 ET

Summary

• Vimeo is a US-based video hosting and services platform that has seen weak share performance since going public.
• The company is focusing on growing its enterprise business and scaling back on marketing spend to maintain profitability.
• Revenue has been declining, but there has been positive margin expansion and cash flow generation in recent quarters.

Vimeo ( VMEO ) is a US-based cloud-based video hosting, sharing, and services platform founded in 2004. Initially started as a head-to-head competitor to YouTube, VMEO made the expansion into a video development and production platform sometime in 2016....

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