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Dec 31, 2020
Entravision Q4 2020 Earnings Report
Entravision demonstrated strong financial performance, driven by significant growth in digital business and record political revenues.
Key Takeaways
Entravision Communications Corporation reported exceptionally strong Q4 2020 results, with net revenue increasing by 142% compared to the prior-year period. The digital business expanded significantly, up 424% over the prior-year period, and all three business segments grew in Q4 2020 compared to the prior year.
Net revenue increased by 142% year-over-year, reaching $171.7 million.
Digital business expanded by 424% year-over-year, driven by the acquisition of a majority interest in Cisneros Interactive.
Net income attributable to common stockholders grew by 176% year-over-year, amounting to $20.3 million.
Free cash flow increased by 495% year-over-year, reaching $28.6 million.