VIZIO Holding Corp. (VZIO) Misses Q2 EPS by 1c, Revs Beat

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Go back to VIZIO Holding Corp. (VZIO) Misses Q2 EPS by 1c, Revs Beat

VIZIO HOLDING CORP. Reports Q2 2021 Financial Results

August 4, 2021 4:05 PM EDT

Platform+ net revenue increased 146% year-over-year to $66 million

SmartCast Active accounts increased 43% year-over-year to 14 million

Average Revenue Per User increased 90% year-over-year to $16.76

IRVINE, Calif.--(BUSINESS WIRE)-- VIZIO Holding Corp. (NYSE: VZIO) today announced the following results for the second quarter ended June 30, 2021, as compared to the corresponding period of last year:

Net revenue of $401.2 million, up 2% Gross profit of $79.5 million, up 37% Net loss of $14.0 million, versus net income $17.3 million Adjusted EBITDA of $26.5 million, up 7% SmartCast Active Accounts... More