Welcome to our dedicated page for Entravision Communication news (Ticker: EVC), a resource for investors and traders seeking the latest updates and insights on Entravision Communication stock.
Entravision Communications Corporation (NYSE: EVC) is a dynamic Spanish-language media company with a diversified portfolio of media assets, including 53 television stations, 48 radio stations, and over 100 interactive properties. Entravision's media assets are strategically located in fast-growing U.S. Hispanic markets, catering to a consumer base expected to account for approximately $1083 billion in consumer spending in 2014.
Entravision operates across three primary segments: television broadcasting, audio broadcasting, and digital media. The company's television and audio operations are committed to reaching and engaging U.S. Hispanics, offering content that resonates with this significant demographic group. In addition, Entravision's digital segment extends its reach globally, with operations in Europe, Latin America, Asia, and Africa.
As a global leader in advertising solutions, media, and technology, Entravision provides integrated marketing and media solutions. These encompass television, radio, and digital properties, as well as data analytics services, offering clients comprehensive tools to reach their target audiences effectively.
Recent achievements for Entravision include the expansion of its digital media segment and strategic partnerships that enhance its market position. The company's financial condition remains robust, supported by diversified revenue streams across its various media platforms.
Entravision continues to innovate and adapt to the evolving media landscape, ensuring its offerings meet the changing needs of consumers and advertisers alike.
Entravision Communications Corporation (NYSE: EVC) reported impressive financial results for Q3 and the nine-month period ended September 30, 2021. The company achieved a 216% increase in net revenue compared to the previous year, totaling $199 million. Net income attributable to common stockholders rose by 35%, reaching $12.1 million. Furthermore, the company completed significant acquisitions, including a full ownership of Cisneros Interactive and entries into Southeast Asia and Africa through MediaDonuts and 365 Digital, respectively. A quarterly cash dividend of $0.025 per share was also announced.
Entravision (NYSE: EVC) has announced the acquisition of 365 Digital, a digital advertising company based in South Africa. This strategic move allows Entravision to expand its digital services into the African market, capitalizing on the region's high growth potential and nearly 500 million digitally connected consumers. The acquisition is set to leverage 365 Digital's established relationships with major platforms like TikTok and Anzu, enhancing Entravision's offerings in digital advertising and programmatic solutions.
Entravision Communications Corporation (NYSE: EVC) announced that the Shoboy Show hosted by Edgar Sotelo is now syndicated on WLZL-FM in Washington, DC, expanding its reach to 11 stations nationwide. The show targets bilingual Latinos, leveraging Entravision's exclusive sales agreement for national representation. This follows successful launches in various U.S. cities since 2020, highlighting the show's growth and popularity. Entravision's EVP Chris Munoz expressed enthusiasm for the show's success, while Sotelo aims for further expansion into more markets.
Entravision Communications Corporation (NYSE: EVC) will release its Q3 2021 financial results after market close on November 4, 2021. A conference call will follow at 5:00 p.m. ET to discuss the results, accessible via phone and live webcast on their website. A replay will be available until November 18, 2021. Entravision operates across the Americas, Europe, and Asia, offering services in digital, television, and radio, with digital being their largest revenue segment.
Entravision Communications Corporation (NYSE: EVC) announced the launch of its morning radio program ‘El Show del Raton’, hosted by Martin Alfonso Romero and Liz Ramos. The show aims to provide high-energy content to the Hispanic community and will air from 5 AM to 10 AM PST on La Tricolor Network and 6 AM to 10 AM PST on KDLD Viva 103.1 FM, starting October 18, 2021. The program features various segments, including news and sports. A campaign called “Doble Trancazo” will start soon, offering listeners the chance to win $1,000 daily.
Entravision Communications Corporation (NYSE: EVC) announced its participation in the Deutsche Bank 2021 Leveraged Finance Conference from October 4-6, 2021. CFO Christopher Young will present on October 6 at 3:15 p.m. ET, followed by meetings throughout the day. The presentation will be available via live webcast on Entravision’s Investor Relations website. Entravision operates globally in media and marketing technology, with a focus on digital solutions, and is the largest affiliate of Univision and UniMás networks.
Entravision Communications Corporation (NYSE: EVC) announced its participation in the Singular Research Compelling Values Webinar on September 16, 2021. CFO Christopher Young will present at 3:15 p.m. ET. The event will be available via live webcast on Entravision’s Investor Relations website.
Entravision is a global media and marketing technology company with a diverse portfolio of services, including digital solutions, television, and radio offerings in the U.S. and 30 countries across Latin America, Europe, and Asia.
Entravision (NYSE:EVC) has acquired the remaining 49% of Cisneros Interactive, securing 100% ownership of the leading digital advertising firm in Latin America. This acquisition strengthens Entravision’s position as a global digital advertising solutions provider. Cisneros Interactive, led by CEO Victor Kong, will continue to operate autonomously while enhancing collaboration with Entravision. Digital revenue has surged over 1,000% year-over-year, reaching $130.2 million for Q2 2021, comprising 73% of consolidated revenue, underscoring the strong growth in their digital market offerings.
Entravision Communications Corporation (NYSE: EVC) announced its participation in two upcoming investor events. The first is the Noble Capital Markets’ Virtual Road Show Series on August 10, 2021, featuring CFO Christopher Young in a live fireside chat at 1:00 p.m. ET. The second is the Sidoti Summer Virtual Microcap Investor Conference on August 19, 2021, where Young will present and hold investor meetings. Both presentations will be available via live webcasts on Entravision's Investor Relations website.
Entravision Communications Corporation (NYSE: EVC) has announced the expansion of its Fuego Radio format to 101.9 FM in Sacramento, California, effective August 2, 2021. The station will feature a mix of popular Latin Urban music and mainstream hits from top artists like Bad Bunny and Dua Lipa. Additionally, listeners can enjoy the Shoboy Show, aimed at bilingual Latinos. A countdown campaign has been launched to promote the frequency change from 103.5 FM.
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