Entravision Q2 2021 Earnings Report
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
Entravision Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income