Entravision Communications Corporation reported a 25% increase in net revenue from continuing operations for Q3 2024 compared to the same quarter in 2023, driven primarily by growth in political advertising revenue and Smadex. The company's Board of Directors approved a quarterly cash dividend of $0.05 per share.
Entravision Communications Corporation reported a 12% increase in net revenue from continuing operations for the second quarter of 2024 compared to the same quarter in 2023. The company discontinued its Entravision Global Partners business during the quarter.
Entravision Communications reported a 16% increase in net revenue to $277.445 million for the first quarter of 2024. However, the company experienced a net loss of $51.669 million, a significant decrease compared to the net income of $1.699 million in the same period last year. The company is impacted by Meta's decision to wind down its authorized sales partner program by July 1, 2024.
Entravision Communications Corporation reported its Q4 and full year 2023 financial results, highlighting an 8% increase in net revenue for the quarter, driven by growth in the digital segment, but a significant decrease in consolidated EBITDA due to increased costs. The company announced Meta's decision to wind down its ASP program, which is expected to impact future revenue. Despite this, Entravision is confident in its long-term opportunities and is taking steps to reinforce its operating foundation.
Entravision Communications Corporation reported record quarterly advertising revenue, driven by the Digital segment, which now comprises 84% of total revenue. However, net income attributable to common stockholders decreased by 71% compared to the prior-year quarter, and Consolidated EBITDA was down by 45%.
Entravision Communications Corporation reported a strong second quarter with record quarterly revenue of $273.4 million, a 23% increase year-over-year. However, elevated operating expenses led to a net loss attributable to common stockholders of $2.0 million, compared to a net income of $8.5 million in the prior-year quarter. The company's Board of Directors approved a quarterly cash dividend of $0.05 per share.
Entravision Communications Corporation reported a 21% increase in net revenue for the first quarter of 2023, driven primarily by growth in the digital segment. However, consolidated EBITDA and free cash flow decreased compared to the prior-year quarter.
Entravision Communications Corporation reported a 27% increase in net revenue for the fourth quarter of 2022, reaching $296.3 million compared to $233.9 million in the prior-year period. The growth was primarily driven by the digital segment, with contributions from television and audio segments as well. However, the company experienced a net loss attributable to common stockholders of $1.6 million in the fourth quarter, compared to a net income of $3.9 million in the prior-year quarter.
Entravision Communications Corporation reported a strong third quarter in 2022, with a 21% increase in net revenue and a 12% increase in consolidated adjusted EBITDA compared to the prior-year period. The growth was primarily driven by the digital segment, which saw a 29% increase in revenue. Political ad spend also contributed to the positive results in the television and audio businesses.
Entravision Communications Corporation reported a 24% increase in net revenue compared to the prior-year quarter, reaching $221.7 million. The growth was primarily driven by the digital segment, which saw a 34% increase in revenue. Net income attributable to common stockholders increased by 8% compared to the prior-year quarter.
Entravision Communications Corporation reported a strong start to 2022, with net revenue up 32% year-over-year, driven by a 51% increase in the digital segment. The company also saw improvements in adjusted EBITDA and free cash flow, while net income attributable to common stockholders decreased.
Entravision Communications Corporation reported fourth-quarter results, with revenue up 36% year-over-year driven by digital business expansion. Net income attributable to common stockholders decreased by 81% compared to the prior-year quarter. The company's digital segment comprised 73% of net revenue.
Entravision Communications Corporation reported a significant increase in revenue for the third quarter of 2021, with a 216% increase compared to the prior-year period. The growth was primarily driven by the digital segment, which now comprises 73% of total revenue. The company also completed several strategic acquisitions during the quarter, expanding its reach in Latin America, Southeast Asia, and Africa.
Entravision Communications Corporation reported a significant increase in financial performance for Q2 2021, marked by a 295% increase in net revenue and a 932% increase in Adjusted EBITDA compared to the prior-year period. The growth was largely driven by the company's digital business segment, which now constitutes 73% of consolidated revenues. The company also completed the acquisition of MediaDonuts after the second quarter.
Entravision Communications Corporation reported a significant increase in net revenue, driven by the acquisition of Cisneros Interactive and strong performance in the digital segment. Net income attributable to common stockholders increased to $5.4 million, compared to a loss of $35.6 million in the prior year. The company remains optimistic for continued progress throughout the year.
Entravision Communications Corporation reported exceptionally strong Q4 2020 results, with net revenue increasing by 142% compared to the prior-year period. The digital business expanded significantly, up 424% over the prior-year period, and all three business segments grew in Q4 2020 compared to the prior year.
Entravision Communications Corporation reported a strong third quarter compared to the second quarter, with revenues improving across all three operating segments. A key driver was television and radio political advertising sales, which outpaced expectations. Operating expenses declined 21% compared to the prior year period. Subsequent to quarter end, they announced a strategic majority investment in Cisneros Interactive.
Entravision Communications Corporation reported a decrease in net revenue for Q2 2020, impacted by the COVID-19 pandemic, resulting in declines across its television, radio, and digital segments. The company announced a quarterly cash dividend of $0.025 per share. Despite the revenue decline, Entravision maintains a solid balance sheet and is focused on cost reduction and operational efficiency.
Entravision Communications Corporation reported a challenging first quarter of 2020, marked by a net loss of $35.592 million due to the impact of the COVID-19 pandemic and impairment charges. While the television segment experienced growth, the radio and digital segments faced declines. The company is focused on cost reduction and adapting its multiplatform strategy.
Entravision Communications reported a decrease in net revenue for Q4 2019, primarily due to declines in the television and radio segments, which was partially offset by growth in the digital segment. The company reported net income of $7.36 million, or $0.09 per share. They also announced a quarterly cash dividend of $0.05 per share.