Entravision Communication (EVC) Misses Q2 EPS by 9c

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Entravision Communications Corporation Reports Second Quarter 2023 Results

August 3, 2023 4:05 PM EDT

SANTA MONICA, Calif.--(BUSINESS WIRE)-- Entravision Communications Corporation (NYSE: EVC), a leading global advertising solutions, media and technology company, today announced financial results for the three- and six-month periods ended June 30, 2023.

Second Quarter 2023 Highlights

Record quarterly advertising revenue Net revenue up 23% over the prior-year quarter Net loss attributable to common stockholders of $2.0 million compared to net income attributable to common stockholders of $8.5 million in the prior-year quarter Consolidated EBITDA down 37% compared to the prior-year quarter Operating cash flow up 7% over the prior-year... More