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Vimeo Sees FY24 Revenue $385M-$400M Vs $418.718M Estimate

Author: Benzinga Newsdesk | February 21, 2024 05:53pm

For the full year 2024, we expect: ● Revenue to be between $385 million and $400 million (down 8% to 4% year-over-year) ● Operating loss to be approximately $5 million ● Adjusted EBITDA* to be essentially flat with 2023, which includes the impact of approximately $5 million in cash compensation substituted for equity grants For the first quarter of 2024, we expect: ● Revenue to be around $100 million ● Operating loss to be between approximately $4 million and $2 million ● Adjusted EBITDA* to be between $7 million and $9 million

Posted In: VMEO


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