Entravision Q1 2021 Earnings Report
Key Takeaways
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.
Net revenue increased by 132% compared to the same period last year.
Net income attributable to common stockholders was $5.4 million, a significant improvement from the prior year's loss of $35.6 million.
Consolidated Adjusted EBITDA increased by 47% over the same prior-year period.
Free cash flow increased by 149% compared to the same period last year.
Entravision
Entravision
Entravision Revenue by Segment
Forward Guidance
The company is optimistic for gradual, but continued progress throughout the balance of the year as macroeconomic conditions progress.
Revenue & Expenses
Visualization of income flow from segment revenue to net income