earnings
confidence high
sentiment negative
materiality 0.70
Entravision Q3 revenue up 14% to record $274.4M; net income down 71%, EBITDA down 45%
ENTRAVISION COMMUNICATIONS CORP
2023-Q3 EPS reported
$0.03
revenue$786,804,000
- Net revenue of $274.4M (record quarterly advertising revenue), up 14% YoY; Digital segment now 84% of total revenue.
- Net income attributable to common stockholders declined 71% compared to prior-year quarter; Consolidated EBITDA down 45%.
- Quarterly cash dividend of $0.05 per share declared, payable Dec. 29, 2023 to shareholders of record Dec. 15, 2023.
- New partnerships signed with Match and Pinterest during the quarter to further diversify digital solutions portfolio.