Sorry, I don't understand why you deleted my comment. I have a position on Vimeo and was simply interested in your opinion after the Q2 results, but that's okay. Sorry.
Hi Mike, sorry, I accidentally deleted your comment about Vimeo. You asked if my opinion on Vimeo changed after Q2. I am still optimistic, feel confirmed and enlarged my position after Q2. And yes, I wrote an update about the Vimeo investment case: https://hightechinvesting.substack.com/p/deep-value-or-deep-fake-can-vimeo
Thank you so much, I read your report with great interest. I have a large position in Vimeo, but much like the market and analysts, I'm starting to have some doubts about the double-digit growth forecast by management. Growth at Vimeo Enterprises is slowing, and despite the CEO's optimism, it's hard to believe they'll be able to maintain the margins projected in their guidance, given that Q3 revenues are only expected to be $106 million. I think the CFO's departure may be due to this. I don't think she was fired by the CEO, otherwise they'd already have a replacement. The CEO seems very confident, and in the post-earnings conference call he repeatedly reiterated that they're doing very well and are aggressive in the market. Let's really hope for the best; if he's right, the stock will quickly recover. I still think it's more likely that Vimeo will be acquired by a larger company, given that, as you so well wrote, at these prices it's a real giveaway.
Here you go:
Sorry, I don't understand why you deleted my comment. I have a position on Vimeo and was simply interested in your opinion after the Q2 results, but that's okay. Sorry.
Hi Mike, sorry, I accidentally deleted your comment about Vimeo. You asked if my opinion on Vimeo changed after Q2. I am still optimistic, feel confirmed and enlarged my position after Q2. And yes, I wrote an update about the Vimeo investment case: https://hightechinvesting.substack.com/p/deep-value-or-deep-fake-can-vimeo
Thank you so much, I read your report with great interest. I have a large position in Vimeo, but much like the market and analysts, I'm starting to have some doubts about the double-digit growth forecast by management. Growth at Vimeo Enterprises is slowing, and despite the CEO's optimism, it's hard to believe they'll be able to maintain the margins projected in their guidance, given that Q3 revenues are only expected to be $106 million. I think the CFO's departure may be due to this. I don't think she was fired by the CEO, otherwise they'd already have a replacement. The CEO seems very confident, and in the post-earnings conference call he repeatedly reiterated that they're doing very well and are aggressive in the market. Let's really hope for the best; if he's right, the stock will quickly recover. I still think it's more likely that Vimeo will be acquired by a larger company, given that, as you so well wrote, at these prices it's a real giveaway.