secwatch.observer — SEC 8-K summary
======================================

Issuer:     ENTRAVISION COMMUNICATIONS CORP (EVC)
CIK:        0001109116
Form:       8-K
Filed at:   2023-03-09T23:59:59+00:00
Accession:  0000950170-23-007011
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1109116/000095017023007011/0000950170-23-007011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1109116/000095017023007011/evc-20230309.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-007011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer