VIZIO HOLDING CORP. Reports Q1 2024 Financial Results
VIZIO Holding Corp. Class A (VZIO)
Company Research
Source: Business Wire
Platform+ net revenue increased 27% year-over-year (YoY) to $159.6 millionPlatform+ gross profit increased 20% YoY to $88.3 millionSmartCast Average Revenue Per User increased 17% YoY to $34.24 IRVINE, Calif.--(BUSINESS WIRE)--VIZIO Holding Corp. (NYSE: VZIO) today announced the following results for the three months ended March 31, 2024:Financial and operational highlights include the following, compared to Q1'23:Net revenue of $353.9 million, compared to $356.7 millionPlatform+ net revenue of $159.6 million, up 27%Gross profit of $81.1 million, up 8%Platform+ gross profit of $88.3 million, up 20%Net loss of $12.1 million, compared to $0.7 millionAdjusted EBITDA1 of $(3.6) million, compared to $6.7 millionAdjusted EBITDA includes acquisition-related costs of $5.7 millionSmartCast Average Revenue Per User (ARPU) of $34.24, up 17%Q1'24 Business highlights include:Reached 18.6 million SmartCast Active Accounts, which streamed 5.6 billion hours2Grew SmartCast Hours per average SmartCa
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News
- Here's What Key Metrics Tell Us About VIZIO (VZIO) Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- VIZIO HOLDING CORP. Reports Q1 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- VIZIO Unveils Full Suite of New Dolby Atmos Soundbars [Yahoo! Finance]Yahoo! Finance
- VIZIO Unveils Full Suite of New Dolby Atmos SoundbarsBusiness Wire
- VIZIO Holding Corp. (NYSE: VZIO) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
VZIO
Earnings
- 5/8/24 - Miss
VZIO
Sec Filings
- 5/8/24 - Form 10-Q
- 5/8/24 - Form 8-K
- 5/8/24 - Form SC
- VZIO's page on the SEC website