Vizio Holding Corp.

General Information
Business:

 

VIZIO is driving the future of televisions through our integrated platform of cutting-edge Smart TVs and powerful SmartCast operating system. Every VIZIO Smart TV enables consumers to search, discover and access a broad array of content. In addition to watching cable TV, viewers can use our platform to stream a movie or show from their favorite over-the-top (OTT) service, watch hundreds of free channels through our platform, including on our WatchFree and VIZIO Free Channel offerings, enjoy an enhanced immersive experience catered to gaming or access a variety of other content options. Our platform gives content providers more ways to distribute their content and advertisers more tools to target and dynamically serve ads to a growing audience that is increasingly transitioning away from linear TV.

(Note: VIZIO downsized its IPO at pricing on March 24, 2021, by pricing 12.25 million shares – down from 15.12 million shares in the prospectus – at $21, the low end of its $21-to-$23 range – to raise $257.25 million. That is well below the estimated volume of $332.64 million, if the IPO had been priced at the mid-point of its range.)

 

Industry: Televisions
Employees: 527
Founded: 2002
Contact Information
Address 39 Tesla Irvine, California 92618
Phone Number (949) 428-2525
Web Address http://www.VIZIO.com
View Prospectus: Vizio Holding Corp.
Financial Information
Market Cap $4041.62mil
Revenues $2042.47 mil (last 12 months)
Net Income $102.48 mil (last 12 months)
IPO Profile
Symbol VZIO
Exchange NYSE
Shares (millions): 12.3
Price range $21.00 - $21.00
Est. $ Volume $257.3 mil
Manager / Joint Managers J.P.Morgan/BofA Securities/Wells Fargo Securities/Guggenheim Securities/Needham & Co./Piper Sandler/Roth Capital Partners
CO-Managers -
Expected To Trade: 3/25/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change