Vimeo ($VMEO) Much-Anticipated Q3 Earnings Report Is Drawing Near

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On Monday 4th November 2024, Vimeo (NASDAQ: VMEO) will be releasing its third quarter financial results. This much awaited announcement will be made after market close.

In accordance with the forecasts of financial specialists on Wall Street, the company is primed to announce an anticipated $0.01 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $99.6 million for this particular period.

In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $0.05. Moreover, the company achieved a remarkable total revenue of $106.25 million during that quarter.

Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $405.71 million. Additionally, they are expecting the earnings per share for the company to hit profit of $0.09 during the fiscal year.

 

Additionally, The company will host a conference call with investors and analysts on 4th November 2024 at 05:00 PM eastern time to review the Q3 2024 financial results.

The previous trading day saw Vimeo (VMEO) shares trading between $4.76 and $4.88, besides a volume of 670.60 thousand shares. The stock closed Friday's regular trading session at $4.86, marking 1.89 percent increase.