Entravision Q3 2020 Earnings Report
Key Takeaways
Entravision Communications Corporation reported a strong third quarter compared to the second quarter, with revenues improving across all three operating segments. A key driver was television and radio political advertising sales, which outpaced expectations. Operating expenses declined 21% compared to the prior year period. Subsequent to quarter end, they announced a strategic majority investment in Cisneros Interactive.
Revenues improved across all three operating segments.
Television and radio political advertising sales outpaced expectations.
Operating expenses declined 21% compared to the prior year period.
Strategic majority investment in Cisneros Interactive was announced.
Entravision
Entravision
Entravision Revenue by Segment
Forward Guidance
Entravision is cautiously optimistic about its future prospects.
Revenue & Expenses
Visualization of income flow from segment revenue to net income