
VIZIO Holding Corp (NYSE:VZIO) shares are trading higher in Thursday's after-hours session after the company reported better-than-expected top-line results and issued guidance.
Vizio said first-quarter revenue declined 4% year-over-year to $485.5 million, which beat the $453.66-million estimate. The company reported a quarterly loss of 6 cents per share, which missed the estimate for a loss of 5 cents per share.