earnings
confidence high
sentiment neutral
materiality 0.75
Entravision Q2 rev +12% to $82.7M; net loss $31.7M on EGP sale; declares $0.05 dividend
ENTRAVISION COMMUNICATIONS CORP
2024-Q2 EPS reported
-$0.90
revenue$160,830,000
- Net revenue from continuing ops $82.7M (+12% YoY); net income $3.7M vs loss $5.8M YoY.
- EGP discontinued ops loss of $35.4M in Q2, $76.8M YTD; business sold during quarter.
- Quarterly cash dividend $0.05 per share payable Sept 30, 2024 to holders of record Sept 16.
- Free cash flow from cont. ops $15.7M in Q2, up 586% YoY.