VIZIO HOLDING CORP. Reports Q1 2024 Financial Results

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 million Platform+ 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 million Adjusted EBITDA1 of $(3.6) mil