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Sep 30, 2021

Entravision Q3 2021 Earnings Report

Entravision reported strong third quarter results driven by digital segment growth and strategic acquisitions.

Key Takeaways

Entravision Communications Corporation reported a significant increase in revenue for the third quarter of 2021, with a 216% increase compared to the prior-year period. The growth was primarily driven by the digital segment, which now comprises 73% of total revenue. The company also completed several strategic acquisitions during the quarter, expanding its reach in Latin America, Southeast Asia, and Africa.

Net revenue increased by 216% year-over-year.

Net income attributable to common stockholders increased by 35% year-over-year.

Consolidated Adjusted EBITDA increased by 42% year-over-year.

Digital segment accounted for 73% of total revenue.

Total Revenue
$199M
Previous year: $63M
+216.0%
EPS
$0.14
Previous year: $0.11
+27.3%
Gross Profit
$74.7M
Previous year: $63M
+18.6%
Cash and Equivalents
$183M
Previous year: $83.3M
+119.6%
Free Cash Flow
$22.4M
Previous year: $10.6M
+111.8%
Total Assets
$828M
Previous year: $599M
+38.2%

Entravision

Entravision

Entravision Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income