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The company has been gaining on strong sales of its high-quality Smart TVs and premium soundbars. VZIO also launched numerous successful ad campaigns on America’s top TV networks. This led to the company surpassing 11.2M addressable TVs across the U.S. for its platform business.
The company has a current ratio of 1.4, which indicates it has more than enough liquidity to handle short-term debt. Management is also quite efficient with a return on equity of 30.9%. While sales are expected to rise up 4.1% over the next year, EBITDA is expected to fall 41.9%. VZIO is also reporting earnings today, so keep an eye out for that.
