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For the first quarter of 2023, Vimeo’s revenue fell 4% year-over-year to $103.6 million and gross profit declined 2% to $79.9 million. The company narrowed its net loss to $700,000 (versus a net ...
Vimeo went public 12 months ago and has been down 90% since then. Investors are nervous about slowing revenue growth and mounting losses. The company still has solid unit economics. Stock for the ...
And as always with Vimeo, it’s all ad-free. To experience the Vimeo app, download it from the Apple TV app store today. For longtime users, this update marks a pretty big reversal.
Vimeo has just become a prime example of the latter, as the video hosting service will retire its Android TV app by the end of the month. As of June 27, Vimeo will end support for its apps on ...
For the third quarter of 2022, Vimeo reported revenue of $108 million, up 8% year over year, while its net loss increased to $21.4 million (versus $11.7 million in the year-earlier period).
Vimeo is laying off 11 percent of its workforce, CEO Anjali Sud announced today. The new round of cuts follow previous layoffs in July, which affected 6 percent of workers.
Vimeo’s post, written by its CEO, is very apologetic in tone; it even opens with an image of a bouquet of flowers, the universal sign for “I messed up, please forgive me.” ...
Vimeo rings in the new year with another round of layoffs, affecting 11% of its workforce. In an email to staff today, CEO Anjali Sud cited an “uncertain economic environment” as the reason ...
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