VIZIO Q4 2023 Earnings Report

VIZIO EPS Results

• Actual EPS: $0.07
• Consensus EPS: $0.02
• Beat/Miss: Beat by +$0.05
• One Year Ago EPS: $0.03

VIZIO Revenue Results

• Actual Revenue: $502.60 million
• Expected Revenue: $498.83 million
• Beat/Miss: Beat by +$3.77 million
• YoY Revenue Growth: -5.80%

VIZIO Announcement Details

• Quarter: Q4 2023
• Date: 2/27/2024
• Time: After Market Closes

VIZIO (NYSE:VZIO), through its subsidiaries, provides smart televisions, sound bars, and accessories in the United States. It also operates Platform+ that comprises SmartCast, a Smart TV operating system, enabling integrated entertainment solution, and data intelligence and services products through Inscape. Its SmartCast delivers content and applications through an easy-to-use interface, as well as supports streaming apps, such as Amazon Prime Video, Apple TV+, Disney+, Hulu, Max, Netflix, Paramount+, Peacock, YouTube TV, and hosts its free ad-supported video app, WatchFree+, as well as Apple AirPlay 2 and Chromecast functionalities to allow users to stream additional content from their other devices to its Smart TVs. In addition, the company provides support for third-party voice platforms, including Amazon Alexa, Apple HomeKit, and Google Voice Assistant, as well as second screen viewing. It sells its products to retailers and through online channels. VIZIO Holding Corp. was incorporated in 2002 and is headquartered in Irvine, California.