Although facing declining hardware sales, connected TV heavyweight Vizio has delivered a Q1 2022 results sheet that matches the grand promises of its ad tech capabilities. Revenues from in-platform advertising and licensing audience data are increasing sharply, drumming home the importance of monetizing captive audiences. First, the good news – Vizio’s Platform+ segment is up 97% YoY to $102.6 million for the first quarter of this year. This would give the segment a minimum annual run rate of $410.4 million, marking a 33% increase on Platform+’s 2021 earnings. Within Platform+, advertising revenue is up 116% to $75.9 million. This figure accounts for Vizio’s advertising capabilities across its WatchFree+ FAST (free ad-supported streaming TV) service and select AVoD partners, as well…