earnings
confidence high
sentiment positive
materiality 0.75
Entravision Q4 rev up 37% YoY, record political ad revenue; declares $0.05 dividend
ENTRAVISION COMMUNICATIONS CORP
- Consolidated net revenue +37% Q4, +23% FY2024 vs prior year; driven by record political ad revenue.
- Media segment revenue +30% Q4, +13% FY; operating profit +62% Q4, -4% FY.
- Ad Tech & Services segment revenue +49% Q4, +42% FY; operating profit +39% Q4, >1,000% FY.
- Recorded $61.2M impairment charge in FY2024; made $20M debt prepayment during year.
- Board declared $0.05/share quarterly dividend, payable March 31, 2025 to holders of record March 17, 2025.