Entravision Communications Corporation (EVC) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Congratulations. Joining me today to discuss our results 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 Entrevision'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. Additional information may also be found on quarterly report on Form 10Q, which was also filed today. As you can see, our call today is via Zoom. If you would like to ask a question, please use the Q&A function on the Zoom screen, indicate your name and company, and submit your question in writing. We will try to answer any questions that relate to the topics contained in today's call. I will now turn the call over to Michael Christensen. Thanks, Roy. And thank you to those of you joining this call today. We appreciate your interest and your support. As you saw in our press release, on a consolidated basis, Entrevision increased revenue 24% to $120 million in 3Q25 compared to 3Q24. We did have an operating loss of $9 million in 3Q25 compared to an operating profit of $8 million in 3Q24. The 3Q25 operating loss included $9 million of restructuring costs and impairment charges, so we were break even, excluding those charges. Still not good. As we've discussed on prior calls, we're committed to growing our business and earning a profit, so we acknowledge that we have work to do to improve our operating performance and profitability in our media business. We report our results in two segments, media and advertising...