VZIO Stock Recent News

The TV maker is apparently the target of an acquisition. The potential acquirer is one of the world's top retailers.

Walmart is reportedly in talks to acquire smart television maker Vizio for over $2 billion. The discussions are ongoing, and a deal may not happen, the Wall Street Journal (WSJ) reported Tuesday (Feb. 13), citing unnamed sources.

Retail giant Walmart is in talks to buy smart TV maker Vizio in a move to boost its online advertising presence.

Shares of Vizio Holding Corp. rocketed higher on Tuesday on a report that Walmart Inc. was in talks to buy the TV maker for at least $2 billion in an effort to deck out its stores with more screens where it can display ads.

The move would give Walmart more places where it can sell ads and pitch shoppers on goods, the Journal reported.

Revenue from TV sales is down, but platform sales are making up for those losses. Investors are cheering for higher platform margins and the growth potential that entails.

VIZIO Holding Corp. (NYSE:VZIO ) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Michael Marks - Director, Investor Relations William Wang - Founder and Chief Executive Officer Adam Townsend - Chief Financial Officer Michael O'Donnell - Chief Revenue and Strategic Growth Officer Conference Call Participants Nick Zangler - Stephens Laura Martin - Needham Ben Swinburne - Morgan Stanley Michael Morris - Guggenheim Jason Kreyer - Craig-Hallum Cory Carpenter - JP Morgan Tom Champion - Piper Sandler Jim Goss - Barrington Michael Marks Good afternoon, and welcome to VIZIO's Q3 2023 Earnings Call. I'm Michael Marks, Director of Investor Relations.

The headline numbers for VIZIO Holding Corp. (VZIO) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

TV maker Vizio and Home Depot have launched a "shop-the-look" series and portal featuring holiday home tips, starring singer Jordin Sparks.

IRVINE, Calif.--(BUSINESS WIRE)--VIZIO Holding Corp. (NYSE: VZIO) announced it will release financial results for the third quarter of 2023 on Thursday, November 9, after market close. Previously, VIZIO had scheduled the release of its financial results on Wednesday, November 8, after market close. VIZIO will also host a conference call and earnings webcast at 1:30 p.m. Pacific Time/4:30 p.m. Eastern Time on the same day, November 9, to discuss these results. The live audio webcast will be avai.