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 significant financial growth for Q1 2021, with net revenue increasing by 132% to $148.9 million compared to Q1 2020. The company achieved a net income of $5.4 million, rebounding from a loss of $35.6 million last year. Adjusted EBITDA rose 47% year-over-year, reflecting operational efficiency. The firm announced a quarterly cash dividend of $0.025 per share, payable on June 30, 2021. CEO Walter F. Ulloa expressed optimism regarding future performance amid ongoing macroeconomic improvements.
Entravision Communications Corporation (NYSE: EVC) will announce its first quarter 2021 financial results on May 6, 2021, after market close. A conference call is scheduled for 5:00 p.m. ET the same day for discussion of these results. Investors can join the call by dialing (877) 317-6789 (U.S.) or (412) 317-6789 (International). A replay will be available until June 3, 2021. Entravision operates 54 television stations and 48 radio stations, making it a leader in the media and marketing technology sector, particularly within the U.S. and Latin American markets.
Entravision Communications Corporation (NYSE: EVC) announced it has regained compliance with NYSE listing requirements, following the timely filing of its 10-K report. The company faced delays in its financial audits due to its acquisition of Cisneros Interactive, leading to initial non-compliance notification from the NYSE. After filing its 10-K on April 12, 2021, the NYSE lifted Entravision from the late filer list, showcasing the company's adherence to regulatory standards. This restoration of compliance is pivotal for maintaining investor confidence and market reputation.
Entravision Communications Corporation (NYSE: EVC) has filed its Annual Report on Form 10-K for the fiscal year ending December 31, 2020, with the SEC. This filing comes after a notification from the NYSE regarding non-compliance with listing requirements due to a delayed filing. Entravision submitted the Form 10-K on April 12, 2021, within the six-month extension period provided by the NYSE. The Company operates various media and marketing solutions, including a strong presence in the U.S. Hispanic markets.
Entravision Communications Corporation (NYSE: EVC) announced it received a notice from the NYSE regarding non-compliance with listing requirements due to the late filing of its 2020 Annual Report on Form 10-K. The company cited unexpected delays in auditing financial statements related to its acquisition of Cisneros Interactive. Entravision has six months to file the Form 10-K and is working to complete it promptly. This delay follows a previous disclosure made in March 2021 and reflects the challenges associated with the company's expanding operations.
Entravision Communications Corporation (NYSE: EVC) announced it will not file its Annual Report on Form 10-K by March 31, 2021, due to delays from its acquisition of a majority interest in Cisneros Interactive. This unexpected delay has impacted the completion of its financial audit for the year ended December 31, 2020. The Company is actively working to finalize its audit and aims to file the Form 10-K as soon as feasible.
Entravision Communications Corporation (NYSE: EVC) is expanding its Fuego Radio format into Las Vegas (92.7 FM) and Palm Springs (103.5 FM) on March 29, 2021, following its January expansion into Santa Barbara-Santa Maria (97.1 FM). The Fuego Radio format features a mix of Latin Urban music and contemporary hits, targeting young adults. The popular Shoboy Show will also be aired in these new markets. Entravision anticipates continued success for this format as it has already gained traction in other markets.
Entravision Communications Corporation (NYSE: EVC) reported strong financial results for Q4 2020, highlighting a record in political revenues and a remarkable 424% growth in digital business, attributed partly to its acquisition of a majority interest in Cisneros Interactive. All three business segments showed growth, indicating a promising outlook for 2021. Entravision also streamlined its cost structure while enhancing its digital offerings, appointing Juan Saldívar as Chief Digital, Strategy, and Accountability Officer.
Entravision Communications Corporation (NYSE: EVC) will present at the Deutsche Bank 29th Annual Media, Internet & Telecom Conference on March 8, 2021, at 12 pm PT. The event will feature Walter Ulloa, Chairman and CEO, and Christopher Young, CFO. The presentation is accessible to the public via a live audio webcast on Entravision's Investor Relations website. The company operates 54 television stations and 48 Spanish-language radio stations, serving clients in the U.S. and over 20 countries worldwide, focusing on media and marketing technology.
Entravision Communications Corporation (NYSE: EVC) has declared a quarterly cash dividend of $0.025 per share, totaling approximately $2.1 million. This dividend will be payable on March 31, 2021, to shareholders of record as of March 16, 2021. The stock will trade ex-dividend on March 15, 2021. The company anticipates future quarterly dividends, pending Board approval. Entravision is a global media and marketing technology company with significant presence in the U.S. and Latin America, managing 54 TV stations and 48 radio stations.
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