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Vizio Q2 GAAP EPS, revenue beats

Vizio press release (NYSE:VZIO): Q2 GAAP EPS of $0.01(vs. -$0.08 Y/Y) beats by $0.03.

Revenue of $408.9M (+1.9% Y/Y) beats by $1.73M.
For Q3, the following guidance was provided - Platform+ Net Revenue: $120M - $125M, Platform+ Gross Profit: $75M - $78M, Adjusted EBITDA: $8M - $13M.

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Vizio Streams A $2.3 Million Profit On Platform Plus Gains

Vizio’s platform Plus revenue jumped 69% to $110.8 million and gross profit rose 47% to $69.9 million.. SmartCast active accounts were up 15% to 16.1 million and SmartCast hours spent watching increased 22% to 4.3 billion.

Average revenue per user increased 54% to $25.87.
For the third quarter, Vizio said it expects Platform Plus net revenue to be in the $120 million to $125 million range and Platform Plus gross profit to be between $75 million and $78 million.

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STARZ now on VIZIO

Connected entertainment specialist VIZIO has confirmed that the STARZ app is now available on VIZIO Smart TVs.

Millions of VIZIO users across America can now access STARZ’s premium hit original series and library of on-demand movies. Highlights include STARZ original series from the Power Universe, Outlander and P-Valley, as well as titles such as Spider-Man: No Way Home, Ghostbusters: Afterlife, Venom: Let There Be Carnage, Thor: The Dark World and many others.

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Vizio Adds Starz Streaming App to Smart TVs

Vizio Aug. 8 announced that the Starz app is now available on Vizio Smart TVs. Subscribers can now access original series and a library of on-demand movies, including drama, comedy, western, and family, sci-fi, action, and documentaries, among others. Starz original series “Power,” “Outlander” and “P-Valley,” as well as box office hits Spider-Man: No Way Home, Ghostbusters: Afterlife, Venom: Let There Be Carnage, and Thor: The Dark World, among others.

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STARZ App Now Available on VIZIO Smart TVs

If you have a VIZIO Smart TV, you can access the STARZ app starting today. The change allows for more streamlined access to the home of shows like “Power” and “Outlander.”

Thanks to its now-expired deal with Sony, STARZ is the streaming home for one of the biggest movies of 2021: “Spider-Man: No Way Home.” You’ll also find hits like “Ghostbusters: Afterlife,” “Heat,” “Venom: Let There Be Carnage,” “The Big Lebowski,” “Alien,” “Casino,” “Moulin Rouge,” and “The 40-Year-Old Virgin.” If you’re the kind of viewer who’s upset about all the big movies leaving Netflix, you’ll find your fill with STARZ.

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Starz App Becomes Available on Smart TVs From Vizio

“We welcome Starz to the entertainment lineup available on Vizio’s Smart TVs,” said Katherine Pond, group VP, platform content and partnerships at Vizio. “The addition of Starz marks another significant advancement in our commitment to provide our users with access to the programming they love and endless entertainment options for millions of users who begin their entertainment journey with Vizio.”

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Cheetah Digital named ‘Challenger’ in Gartner Magic Quadrant

Gartner recently published two new reports to help buyers identify solutions for their campaign creation, orchestration, execution, and measurement; The Magic Quadrant and Critical Capabilities for Multichannel Marketing Hubs (MMH), July 2022.

Gartner has named Cheetah Digital a “Challenger” in the Magic Quadrant for Multichannel Marketing Hubs. As pressure increases on marketing teams to deliver offers and messages that drive the customer relationship, we are incredibly proud to be recognized for our strong ability to execute for our customers.

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Inside the Stream Podcast: Can FASTs Become the New Cable?

This week on Inside the Stream nScreenMedia’s Colin Dixon and I welcome our friend and industry analyst Alan Wolk to discuss his new report, “FASTs are the New Cable” (complimentary download). Alan is the co-founder and lead analyst at TVREV. He is a veteran TV industry follower who coined the term FAST for free ad-supported streaming TV.

Alan explains the similarities between FASTs and cable TV networks. He views FASTs as one of two streaming business models, with the other being paid subscriptions. But both models feature on-demand and linear content. The FAST ecosystem is complex and Alan describes the three key levels and how they interrelate. He also shares a number of predictions about where FASTs are heading.

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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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VIZIO Programming Exclusives Provide Brands With Deeper Ad Opportunities

With streaming upending the TV viewing landscape, advertising strategies are evolving along with the new format to give brands additional ways to reach their audiences.

The recent premiere of VIZIO’s WatchFree+ Features program @Home with Tori is the latest example of how brands are gaining the ability to integrate themselves more deeply into the content of their target customers. That means not only placing ads around the programming, but also having a presence in the programming itself.

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Vizio M-Series M213ad-K8 AIO Soundbar | Experience Hi-Fi Sound Inexpensively [Review]

So when I said it was a familiar design it’s because this newest soundbar by Vizio takes ques from its V-Series V21d-J8 model we reviewed last year. It has that minimalist look with that semioval curve that is draped in fabric. This is mostly black with grayish portions on each side. It still stretches side to side at 36” while being just over 2” tall.

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WATCH THE NEWEST COMMERCIALS FROM KOHL’S, ROOMS TO GO, VISIT SCOTLAND AND MORE

Every weekday we bring you the Ad Age/iSpot Hot Spots, new commercials tracked by iSpot.tv, the always-on TV ad measurement and attribution company. (Scroll down to watch them all.)

A few highlights: Kohl’s says, “Don’t let inflation win” in an ad promoting its current savings on activewear. Visit Scotland (styled as VisitScotland) serves up another in a series of stunningly scenic spots as part of its continuing “Scotland is calling” campaign. And Rooms To Go wants you to know that its storewide sofa sale ends today.

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Baby Einstein Launches on VIZIO

Kids2 and Hello Einstein Studios’ Baby Einstein app, complete with six educational series, has been released on VIZIO.

Users now have access to Baby Einstein Classics, Manners Manor, Cal’s Sound Yard, Patch’s Number Forest and The Sandbox, all of which encourage children to explore the world around them, learn about new cultures, experience different genres of music and more.

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