Business
Entravision Communications Corporation Reports First Quarter 2025 Results
BURBANK, Calif., May 08, 2025--Entravision Communications Corporation (NYSE: EVC), a media and advertising technology company, today announced financial results for its first quarter ended March 31, 2025.
About this update from Entravision Communications Corporation
BURBANK, Calif., May 08, 2025 --( BUSINESS WIRE )--Entravision Communications Corporation (NYSE: EVC), a media and advertising technology company, today announced financial results for its first quarter ended March 31, 2025. "Net revenue increased 17% in first quarter 2025 compared to first quarter 2024 because of the strong performance of our Advertising and Technology Services segment," said Michael Christenson, Chief Executive Officer. "We are pleased with the performance of this business and our team’s ability to expand sales capacity and build AI capabilities into our proprietary technology platform. Our Media segment had a more challenging quarter, with fewer active advertisers than the same period last year. However, we also expanded our sales capacity in the Media segment during the past two quarters, and revenue performance improved each month of the quarter." Mr. Christenson continued, "Our balance sheet is strong and we continue to focus on selected investments to drive increased revenue while maintaining tight control of operating expenses and corporate expenses to improve profitability." Highlights Entravision reports its operating results for two segments. The Media segment provides video, audio and digital marketing services to local and national advertisers in the U.S. The Advertising Technology & Services segment provides programmatic advertising technology and services to advertisers and mobile app developers on a global basis. Strategic Initiatives Entravision is focused on several key strategies and initiatives for 2025 and beyond: Notice of Conference Call Entravision will hold a conference call to discuss its first quarter 2025 results on Thursday, May 8, 2025 at 5:00 p.m. Eastern Time. To access the conference call, please dial 1-800-717-1738 or 1-646-307-1865 ten minutes prior to the start time. The call will also be available via live webcast on the "Investor" section of the company's website at investor.entravision.com . About Entravision Communications Corporation Entravision is a media and advertising technology company. In the U.S., we provide video, audio and digital marketing services to local and national advertisers through a portfolio of television and radio stations and digital advertising services that target Latino audiences. Our advertising technology business provides programmatic advertising technology and services to advertisers and app developers on a global basis. Entravision is the largest affiliate group of the Univision and UniMás television networks. Shares of Entravision Class A Common Stock trade on the NYSE under the ticker: EVC. Learn more about us at entravision.com . Forward-Looking Statements This press release contains certain forward-looking statements. These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this press release. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that actual results will not differ materially from these expectations, and the Company disclaims any duty to update any forward-looking statements made by the Company. From time to time, these risks, uncertainties and other factors are discussed in the Company’s filings with the Securities and Exchange Commission. View source version on businesswire.com: https://www.businesswire.com/news/home/20250508423713/en/ Contacts For more information, please contact: Mark Boelke Chief Financial Officer Entravision 310-447-3870 [email protected] Roy Nir VP, Financial Reporting and Investor Relations Entravision 310-447-3870 [email protected]
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