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.)
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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: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |