Brief: Vizio Holding Corp. Reports Q2 2022 Financial Results

Vizio Holding

10/08/2022 22:10

Aug 10 (Reuters) - Vizio Holding Corp  VZIO.N :
    * . REPORTS Q2 2022 FINANCIAL RESULTS
    * Q2 REVENUE ROSE 2 PERCENT TO $408.9 MILLION
    * QTRLY NET REVENUE OF $408.9 MILLION, UP 2%
    * QTRLY NET LOSS DILUTED  $0.01  PER SHARE
    * QTRLY AVERAGE REVENUE PER USER (ARPU) OF $25.87, UP 54%
    * SEES Q3 ADJUSTED EBITDA $8 MILLION - $13 MILLION
    * QTRLY PLATFORM+ NET REVENUE INCREASED 69% YEAR-OVER-YEAR
(YOY)
TO $110.8 MILLION
    * QTRLY PLATFORM+ GROSS PROFIT INCREASED 47% YOY TO $69.9
MILLION
    * SEES Q3 PLATFORM+ NET REVENUE IN RANGE OF  $120 MILLION -
$125
MILLION
    * SEES Q3 PLATFORM+ GROSS PROFIT $75 MILLION - $78 MILLION
    * Q2 EARNINGS PER SHARE VIEW $-0.02, REVENUE VIEW $413.2
MILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw67V4FHa 
Further company coverage:  VZIO.N 

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