earnings
confidence high
sentiment negative
materiality 0.70
Entravision Q3 revenue up 25% to $97.2M, net loss $0.12/share; declares $0.05 dividend
ENTRAVISION COMMUNICATIONS CORP
2024-Q3 EPS reported
-$1.03
revenue$257,986,000
- Net revenue $97.2M (+25% YoY); net loss from continuing ops $10.8M ($0.12/share) vs loss of $6.1M ($0.07) in Q3 2023.
- Revenue growth driven by political advertising and Smadex programmatic platform.
- New operating segments: Media (TV/radio/digital) and Advertising Technology & Services (Smadex, Adwake).
- Free cash flow $9.3M, down 45% from $17.0M in prior year.
- Board declared $0.05/share quarterly cash dividend payable Dec 31, 2024 to holders of record Dec 16, 2024 ($4.5M).