Entravision Communications Cp Stock Price, News & Analysis

Entravision Communications Corporation (NYSE: EVC) has announced a definitive agreement to acquire MediaDonuts, a digital marketing performance and branding company operating in seven Asia-Pacific countries. This acquisition, expected to close around July 1, 2021, aims to enhance Entravision's digital capabilities and market reach, tapping into a consumer base of nearly 700 million people in Southeast Asia. MediaDonuts, founded in 2010, has over 500 clients and provides services in programmatic buying and media planning, which are anticipated to integrate well with Entravision's existing digital strategies.

Entravision Communications Corporation (NYSE: EVC) announced that CFO Christopher Young will participate in the 11th Annual East Coast IDEAS Investor Conference on June 16-17, 2021. Young will present on June 16 and conduct investor meetings on June 17. The presentation will be accessible via webcast beginning at 7:00 a.m. CT / 5:00 a.m. PT on June 16, with a replay available on Entravision's Investor Relations website. Entravision operates 54 TV stations and 48 Spanish-language radio stations, making it a leading media and marketing technology company serving diverse markets.

Entravision Communications Corporation (NYSE: EVC) has been re-certified as a Great Place to Work® for the second time, with 80% of employees affirming it as a great workplace, surpassing the U.S. average by 19 percentage points. Executive VP Alexander LaBrie credited the dedication of employees for this recognition, highlighting the importance of employee experience. Great Place to Work Certification, based on real-time employee feedback, indicates positive workplace culture and employee retention, which may ultimately contribute to market-leading revenues and innovation.

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.