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Jun 30, 2021
Entravision Q2 2021 Earnings Report
Reported a strong second quarter with significant revenue and EBITDA growth.
Key Takeaways
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.
Net revenue increased by 295% year-over-year.
Net income attributable to common stockholders increased by 236% year-over-year.
Consolidated Adjusted EBITDA increased by 932% year-over-year.
Digital business now accounts for 73% of consolidated revenues.
Entravision
Entravision
Forward Guidance
No specific forward guidance was provided in the press release.