[BUSINESS]■ STORY TIMELINE

BENDING SPOONS FILES US IPO WITH $27.5M PROFIT

Bending Spoons, parent company of Vimeo, filed for a US initial public offering Monday with Q1 net income of $27.5M on $601M revenue. The filing marks a dramatic turnaround from a $112.2M net loss on $259M revenue in the same quarter last year.

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Bending Spoons files for a US IPO, reporting a net income of $27.5M on revenue of $601M in Q1, vs. a net loss of $112.2M on revenue of $259M a year earlier (Arasu Kannagi Basil/Reuters)

Arasu Kannagi Basil / Reuters: Bending Spoons files for a US IPO, reporting a net income of $27.5M on revenue of $601M i…

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