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Jun 30, 2022
Entravision Q2 2022 Earnings Report
Reported record second quarter revenue with digital segment growth and strong political ad spend.
Key Takeaways
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.
Net revenue increased by 24% year-over-year.
Digital segment revenue improved by 34% year-over-year.
Political ad spend was very strong during the second quarter.
The company repurchased $4.1 million in shares during the second quarter.
Entravision
Entravision
Entravision Revenue by Segment
Forward Guidance
Entravision is well positioned for continued growth due to their strong balance sheet and global team.
Revenue & Expenses
Visualization of income flow from segment revenue to net income