July 25, 2024
We are introducing Q2 FY24 estimates. We are not providing other forward estimates as we currently expect the acquisition by WMT to close before VZIO reports Q3. Q2 FY24: Smart TV shipments of 1.0m, Device segment…
July 15, 2024
Q1 FY25: We expect subscription revenue of $134m, marketplace & other revenue of $38m and total company revenue of $172m. We are modeling adjusted gross profit of $128m and non-GAAP operating income of $25m. FY25: We expect…
June 28, 2024
We are updating our estimates ahead of Q2 report. We are adjusting our price target to $23 and maintain Buy rating. Q2 FY24: We are modeling Measurement revenue of $54m, up 19% Y/Y, Activation revenue…
June 24, 2024
This is a corrected version of the note published today at 11:14am ET. Our price target and rating remain unchanged. We argue that: (i) Create Solutions revenue growth acceleration is a necessary but not a…