Device PerformanceDevice Revenues were $194.3 million, a decrease of 16% year-over-year and 19% below analyst estimates.
ProfitabilityAn Adjusted EBITDA Loss of $3.6 million was reported, which is significantly lower compared to last year's positive EBITDA of $6.7 million.
RevenueVZIO reported 1Q24 revenues of $353.9 million, down 1% year-over-year and 8% below analyst estimates.