Vimeo, Inc. (NASDAQ:VMEO) Q2 2023 Earnings Conference Call August 2, 2023 8:30 AM ET

Company Participants

Ken Goff – Head-Investor Relations

Gillian Munson – Chief Financial Officer

Adam Gross – Interim Chief Executive Officer

Anjali Sud – Chief Executive Officer

Conference Call Participants

Brian Fitzgerald – Wells Fargo

Tom Champion – Piper Sandler

William Kerr – TD Cowen

Chris Zhang – Truist

David Lustberg – Jefferies

Ken Goff

Hi. I’m Ken Goff, Vimeo’s Head of Investor Relations. Thank you for watching our Q2 2023 interactive earnings video.

Before we begin, a few comments: First, Vimeo’s Q2 earnings video and shareholder letter are available on the Vimeo Investor Relations site.

Second, this video will discuss Vimeo’s outlook and future performance. These forward-looking statements typically may be preceded by words such as “we expect,” “we believe,” “we anticipate” or similar such statements. These forward-looking views are subject to risks and uncertainties, which are further described in our filings with the Securities and Exchange Commission (the “SEC”), and which could cause our actual results to differ materially from the views expressed in this video.

We have also provided information regarding certain key metrics and our non-GAAP financial measures, including certain forward-looking measures. These should be considered in addition to, and not as a substitute for or in isolation from, GAAP measures.

Additional information regarding Vimeo’s financial performance, including reconciliations with comparable GAAP measures, can be found in our earnings release and in Vimeo’s filings with the SEC, as well as in supplemental information posted on the Investor Relations section of our website. Thank you.

Gillian Munson

Hi everyone, and thank you for joining our Q2’23 interactive earnings video.

This afternoon, we published a Shareholder Letter you can find here with details and financials around the quarter, as well as our commentary on the results and outlook.

Before getting into our performance for the quarter, I’d like to say how excited I am to have Adam Gross starting as Interim CEO on September 1st. Adam’s been a board member for the past two years and has a wealth of experience as a SaaS leader, he has started two companies, and held senior roles at high growth, industry-leading companies including Salesforce and Dropbox. In 2013 Adam sold Cloudconnect, a company he co-founded, to Heroku, a Salesforce subsidiary, and later served as CEO of Heroku, expanding the business from self-serve to enterprise. Adam is an active startup investor and advisor in several companies including dbt, Cribl, Tailscale, and Buildkite.