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Entravision Communication - EVC STOCK NEWS

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.

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Entravision Communications Corporation (NYSE: EVC) announced financial results for Q3 2023. The company achieved a record quarterly advertising revenue of $274.4 million, up 14% YoY. Net revenue increased by 14% to $274.4 million. Net income attributable to common stockholders decreased by 71% compared to the prior-year quarter. Consolidated EBITDA decreased by 45% compared to the prior-year quarter. Operating cash flow increased by 45% over the prior-year quarter. Free cash flow decreased by 74% compared to the prior-year quarter. The company also announced a quarterly cash dividend of $0.05 per share.
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Entravision will release its Q3 2023 financial results on November 2, 2023, followed by a conference call. The call will be available via webcast and a replay will be accessible until November 16, 2023.
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Entravision announces updates to its Board of Directors, with the appointment of Michael Christenson as a director and Lara Sweet as an independent director. Juan Saldivar von Wuthenau has resigned as a director. The company aims to enhance corporate governance and stockholder value.
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Entravision partners with Pinterest to expand advertiser outreach globally.
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Entravision CFO to present at Deutsche Bank conference
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Entravision becomes exclusive sales partner for Match Media Group in Africa
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Entravision Communications Corporation (NYSE: EVC) will broadcast 51 prime NFL games in Spanish for the 2023-24 season, including the Super Bowl. The coverage will be available on its US owned-and-operated radio stations and through affiliate partnerships. The broadcasts will include pre-game shows, live game broadcasts, and post-game analysis.
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Entravision (NYSE: EVC) announced that Chris Young, CFO and Treasurer, will present at the 14th Annual Midwest IDEAS Conference in Chicago on August 23rd. The presentation will be webcast live and links will be available on Entravision's Investor Relations website.
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FAQ

What is the current stock price of Entravision Communication (EVC)?

The current stock price of Entravision Communication (EVC) is $2.5 as of November 22, 2024.

What is the market cap of Entravision Communication (EVC)?

The market cap of Entravision Communication (EVC) is approximately 226.6M.

What is Entravision Communications Corporation?

Entravision Communications Corporation (NYSE: EVC) is a Spanish-language media company with television, radio, and digital properties focused on U.S. Hispanic markets.

Where does Entravision operate its digital segment?

Entravision's digital segment operates in Europe, Latin America, Asia, the United States, and Africa.

What are the core business segments of Entravision?

Entravision operates in three primary segments: television broadcasting, audio broadcasting, and digital media.

How many television and radio stations does Entravision own?

Entravision owns 53 television stations and 48 radio stations.

What is the significance of Entravision's media assets?

Entravision's media assets are located in high-growth U.S. Hispanic markets, which account for a significant portion of consumer spending.

What types of services does Entravision provide?

Entravision provides integrated marketing and media solutions, including television, radio, digital properties, and data analytics services.

Who is the target audience for Entravision's content?

Entravision's content primarily targets U.S. Hispanics, engaging them through tailored media offerings.

How does Entravision support its financial stability?

Entravision's financial stability is supported by diversified revenue streams across its television, radio, and digital media platforms.

What recent achievements has Entravision made?

Recent achievements include the expansion of its digital media segment and strategic partnerships that strengthen its market position.

How does Entravision stay relevant in the evolving media landscape?

Entravision continues to innovate and adapt to the changing media landscape, ensuring its offerings align with the latest consumer and advertiser needs.

Entravision Communication

NYSE:EVC

EVC Rankings

EVC Stock Data

226.56M
59.04M
26.78%
60.22%
1.43%
Advertising Agencies
Television Broadcasting Stations
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United States of America
SANTA MONICA