Vimeo Gains On September Revenue Growth Data

(RTTNews) - Shares of online video streaming and editing site Vimeo, Inc. (VMEO) are climbing more than 13% Wednesday morning after the company provided year-on-year revenue growth data for the month of September.

In September 2021, Y-O-Y revenue growth was 33%, Subscribers growth was 14% and Avg. Revenue per User growth was 16%. This compares with 2020 September figures of revenue growth 49%, subscriber growth 21% and ARPU growth 25%.

The company provided these data in an SEC filing dated October 12, 2021.

VMEO is at $30.25. It has traded in the range of $26.22- $58 in the last one year.