Entravision reports record revenue and adjusted EBITDA for FY2022; doubles dividend to $0.05; CEO Walter Ulloa died

ENTRAVISION COMMUNICATIONS CORP

Q4 2022 net loss attributable to common stockholders of $1.6M vs net income of $3.9M in prior-year quarter.
Full year net income down 38% compared to 2021; consolidated adjusted EBITDA up 17% to a record.
Quarterly cash dividend doubled to $0.05 per share, payable March 31, 2023 to holders of record March 16.
CEO and co-founder Walter Ulloa passed away unexpectedly on the last day of the fiscal year.
Digital segment growth driven by strategic partnerships, geographic expansion and accretive acquisitions.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ENTRAVISION COMMUNICATIONS CORP reported financial results for three- and twelve-month periods ended December 31, 2022.

Period: three- and twelve-month periods ended December 31, 2022
Result: reported results

Exact text from the filing

On March 9, 2023, Entravision Communications Corporation (the “Company”) issued a press release announcing its results of operations for the three- and twelve-month periods ended December 31, 2022.

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Source: SEC EDGAR

accession 0000950170-23-007011

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