Entravision Communications Corporation (EVC) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to the Entravision second quarter 2025 earnings conference call. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Roy Nia. Thank you. You may begin. Good afternoon, everyone, and welcome to Entravision second quarter 2025 earnings call. I am Roy Nia, vice president of financial reporting and investor relations. Joining me today are Michael Christensen, our chief executive officer, and Mark Belke, our chief financial officer. Before we begin, I would like to inform you that this call will contain forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ. Please refer to Entravision's SEC filings for a list of risks and uncertainties that could impact actual results. The press release is available on the company's investor relations page and was filed with the SEC on Form 8K. I will now turn the call over to Michael Christensen. Thanks, Roy, and thank you to all of you for joining our call today. As you saw in our press release, on a consolidated basis, Entravision increased revenue 22% to $101 million in 2Q25 compared to 2Q24, and we had an operating loss of just under $1 million. As we discussed on prior calls, we are committed to growing our business and earning a profit, so we do acknowledge that we have work to do to improve our operating performance and profitability. As you all know, this year we report our results for two segments, media and advertising technology and services, what we call ATS. For our media segment, revenue declined 8% in 2Q25 compared to 2Q24. We had fewer active local advertisers in 2Q25 compared to 2Q24, and advertisers cited economic uncertainty and the impact of federal immigration enforcement actions for their deci...