The video tools company Vimeo posted revenues in line with Wall Street’s estimates in its first quarter as a public company, but new monthly data shows slowing growth as the numbers are compared with figures boosted by the pandemic in 2020. The stock was down in late trading.
For the quarter, Vimeo (ticker: VMEO) posted revenue of $96 million, up 43% from a year ago, and just a touch ahead of the Street’s call for $95.8 million. The company posted a loss for the quarter of $20.4 million, or 13 cents a share, compared with…
