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VIZIO Climbs 4% On Reporting 100% Growth In Direct Advt. CommitmentsNasdaq, 10/06/2022

(RTTNews) - Shares of VIZIO Holding Corp. (VZIO), a provider of smart televisions, sound bars, and accessories, are up more than 4% Thursday morning at $9.60.

VIZIO today said it concluded its upfront season with more than $200 million in direct advertising commitments, a 100% year-over-year increase, driven by unique audiences, innovative home Screen advertising, and expanded library of free programming.

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Will VIZIO Holding Corp. (VZIO) Report Negative Earnings Next Week? What You Should Know

VIZIO Holding Corp. (VZIO) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2022. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

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