For the quarter ended December 2023, Vimeo, Inc. (VMEO) reported revenue of $105.54 million, down 0% over the same period last year. EPS came in at $0.05, compared to -$0.03 in the year-ago quarter.
The internet is being swallowed by fake videos. Vimeo is doubling-down on real ones. The video platform — known as YouTube’s ad-free, artist-friendly counterpart — is not playing the generative game.
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