Leadership Change at Vimeo (VMEO), But Outlook Remains Steady

From Yahoo Finance: 2025-06-28 05:15:00

Vimeo CFO Gillian Munson to step down on August 8, 2025, as company begins search for successor. Despite leadership change, Vimeo reaffirms financial guidance for full year ending December 31, 2025. Second-quarter results to be announced on August 4. Vimeo named one of the 10 best debt-free IT penny stocks to buy.

Vimeo facing slight adjustment in analyst sentiment as Piper Sandler lowers price target from $10 to $8. First-quarter revenue and EBITDA surpass expectations, but breakdown shows divergence with Self-Serve business growing and Enterprise bookings softer. Uncertainty with CFO departure balanced by steady performance in core metrics and reaffirmed outlook. Vimeo operates global video hosting, streaming, and editing platform for professionals and enterprises.

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