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Sep 30, 2024
Entravision Q3 2024 Earnings Report
Entravision reported Q3 2024 results with new operating segments and double-digit revenue growth.
Key Takeaways
Entravision Communications Corporation reported a 25% increase in net revenue from continuing operations for Q3 2024 compared to the same quarter in 2023, driven primarily by growth in political advertising revenue and Smadex. The company's Board of Directors approved a quarterly cash dividend of $0.05 per share.
Realigned operating segments into Media and Advertising Technology & Services.
Net revenue from continuing operations increased by 25% compared to Q3 2023.
Growth driven by political advertising revenue and Smadex.
Declared a quarterly cash dividend of $0.05 per share payable on December 31, 2024.
Revenue by Segment
Forward Guidance
The Company currently anticipates that future cash dividends will be paid on a quarterly basis; however, any decision to pay future cash dividends will be subject to approval by the Board.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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