Entravision Q2 2023 Earnings Report
Key Takeaways
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.
Record quarterly advertising revenue achieved.
Net revenue increased by 23% over the prior-year quarter.
Net loss attributable to common stockholders was $2.0 million, compared to a net income of $8.5 million in the prior-year quarter.
The Board of Directors approved a quarterly cash dividend of $0.05 per share.
Entravision
Entravision
Entravision Revenue by Segment
Forward Guidance
The company did not provide any forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income