Entravision Communications Corporation (EVC) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, everyone, and welcome to Entrevision's fourth quarter and full year 2025 earnings call. I'm Roy Nir, Vice President of Financial Reporting and Investor Relations. Joining me today to discuss our results are Michael Christensen, our Chief Executive Officer, and Mark Belke, our Chief Financial Officer and Chief Operating 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 8-K. Additional information may also be found on our annual report on Form 10-K, which was also filed today. Our call today is using Zoom. If you would like to ask a question, please use the Q&A function on your screen during the call, 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 during the Q&A session. 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, IntraVision increased revenue 26% to $134 million today. in 4Q25 compared to 4Q24. We had an operating loss of $21 million in 4Q25 compared to an operating loss of $49 million in 4Q24. The 4Q25 operating loss included a $26 million non-cash impairment charge. So we would have had an operating profit if we exclude that adjustment. But as we've said on prior calls, we're committed to growing our busi...