02:31 PM EST, 11/05/2024 (MT Newswires) -- Vimeo ( VMEO ) shares jumped more than 44% in recent Tuesday trading, a day after the video platform posted its Q3 results.

The company reported Q3 earnings late Monday of $0.05 per diluted share, unchanged from a year earlier.

Four analysts polled by Capital IQ expected $0.01.

Revenue for the quarter ended Sept. 30 was $104.6 million, down from $106.3 million a year earlier.

Four analysts polled by Capital IQ expected $99.5 million.

The company said it expects Q4 revenue to be around $100 million. Three analysts surveyed by Capital expect $100.8 million.

Price: 6.93, Change: +2.12, Percent Change: +44.07