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Dec 31, 2021
Entravision Q4 2021 Earnings Report
Reported a 36% increase in net revenue and an 81% decrease in net income attributable to common stockholders compared to the prior-year quarter.
Key Takeaways
Entravision Communications Corporation reported fourth-quarter results, with revenue up 36% year-over-year driven by digital business expansion. Net income attributable to common stockholders decreased by 81% compared to the prior-year quarter. The company's digital segment comprised 73% of net revenue.
Net revenue increased by 36% compared to the prior-year quarter.
Net income attributable to common stockholders decreased by 81% compared to the prior-year quarter.
Digital business expansion was a primary driver of revenue growth, comprising 73% of net revenue.
The company completed the acquisition of the remaining 49% of Cisneros Interactive and expanded into Asia and Africa with the acquisitions of MediaDonuts and 365 Digital.
Entravision
Entravision
Forward Guidance
Entravision did not provide specific forward guidance in this earnings report.