Entravision Q4 2022 Earnings Report
Key Takeaways
Entravision Communications Corporation reported a 27% increase in net revenue for the fourth quarter of 2022, reaching $296.3 million compared to $233.9 million in the prior-year period. The growth was primarily driven by the digital segment, with contributions from television and audio segments as well. However, the company experienced a net loss attributable to common stockholders of $1.6 million in the fourth quarter, compared to a net income of $3.9 million in the prior-year quarter.
Entravision reported record fourth quarter and annual revenue.
The company achieved record political advertising revenue compared to prior election cycles.
Consolidated adjusted EBITDA increased by 11% compared to the prior-year quarter.
A quarterly cash dividend increase to $0.05 per share was approved.
Entravision
Entravision
Entravision Revenue by Segment
Forward Guidance
No specific forward guidance provided in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income