Vimeo posts 1% Y/Y growth in subscribers for month of August

Sep. 14, 2022 5:15 PM ETVimeo, Inc. (VMEO)By: Anuron Mitra, SA News Editor

Vimeo

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  • Vimeo (NASDAQ:VMEO) on Wednesday announced monthly metrics for Aug., with gains across total revenue, subscribers and a key revenue metric.
  • The video platform and software provider said total revenue grew 9% Y/Y in Aug., with average revenue per user adding 8% Y/Y.
  • Subscribers rose 1% Y/Y.
  • According to its website, VMEO has more than 260M users, more than 1.7M paid subscribers and over 100B video views.
  • VMEO stock earlier closed -6.5% at $5.08.

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