Entravision Q1 revenue up 21% but EBITDA down 28%; declares $0.05 dividend, closes $275M credit facility

ENTRAVISION COMMUNICATIONS CORP

2023-Q1 EPS reported $0.02 revenue$239,006,000

Revenue up 21% YoY to record first quarter; net income attributable to common stockholders up 8%.
Consolidated EBITDA down 28% YoY; operating cash flow down 31%; free cash flow down 73%.
Quarterly cash dividend of $0.05/share payable June 30, 2023 to holders of record June 16, 2023.
Entered $275M credit facility: $200M term loan (fully drawn) and $75M revolver ($11.5M drawn), with $100M accordion option.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.7

ENTRAVISION COMMUNICATIONS CORP reported financial results for three-month period ended March 31, 2023.

Period: three-month period ended March 31, 2023
Result: reported results

Exact text from the filing

On May 4, 2023, Entravision Communications Corporation (the “Company”) issued a press release announcing its results of operations for the three-month period ended March 31, 2023.

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Source: SEC EDGAR

accession 0000950170-23-017838

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