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 (NYSE: EVC), a leading global advertising solutions company, announced CFO Chris Young's participation in upcoming investor conferences. Young will present at the Singular Research Spring Select Webinar on May 25, 2022, at 1:45 p.m. PT, and at the Gabelli 14th Annual Symposium in New York on June 2, 2022, at 10:00 a.m. ET. Additionally, he will attend the East Coast IDEAS Investor Conference virtually on June 22-23, 2022. Live webcasts of these presentations and replays will be available on Entravision's Investor Relations website.
Entravision Communications Corporation (NYSE: EVC) reported a strong start to 2022 with record financial results for Q1. Net revenue surged by 32% to $197.2 million, largely driven by a 51% growth in digital segment revenue. However, net income attributable to common stockholders fell 65% to $1.9 million. Adjusted EBITDA rose 28% to $18.1 million and operating cash flow increased 127%. A quarterly dividend of $0.025 per share was declared, and $7.1 million of shares were repurchased. The company also plans to invest in Jack of Digital, enhancing its market presence.
Entravision (NYSE: EVC) has announced its expansion into Kenya, enhancing its presence in the rapidly growing East African digital advertising market. This move aims to leverage Kenya's tech-savvy consumer base, which is projected to represent 17% of Sub-Saharan Africa's digital advertising sector by 2023. The company introduces Maggie Ndirangu as the Managing Director for its Kenyan operations, bringing valuable regional expertise. This expansion marks Entravision's commitment to providing comprehensive digital solutions and branding services in emerging African markets.
Entravision (NYSE: EVC) will release its first quarter 2022 financial results on May 5, 2022, after market close. A conference call is scheduled for 5:00 p.m. Eastern Time to discuss these results. Interested parties can access the call by dialing (877) 407-9716 (U.S.) or (201) 493-6779 (International) ten minutes prior to the start. The call will also be available via live webcast at www.entravision.com. A replay will be accessible until May 19, 2022.
Entravision announced its acquisition of a strategic stake in Jack of Digital, which serves as TikTok's exclusive advertising partner in Pakistan. This investment marks Entravision's expansion into the South Asian digital advertising market, which boasts a rapidly growing consumer base, with over 98 million digital connections in Pakistan alone. With this move, Entravision aims to leverage Jack of Digital's expertise and partnerships to enhance its digital service offerings across more than 35 countries.
Entravision (NYSE: EVC) announces a strategic partnership with Anzu.io, becoming the exclusive partner for in-game advertising in 18 Latin American markets. This collaboration aims to educate advertisers on the benefits of in-game ads and leverage Anzu’s advanced advertising solutions. The gaming industry generates significant revenue, surpassing the film and music sectors combined. Entravision will enhance its capabilities in the growing gaming market, which is expected to see substantial player growth through 2024.
Entravision (NYSE: EVC) has announced its participation in NobleCon18, an investor conference scheduled for April 19-21, 2022, in Hollywood, Florida. Chris Young, CFO, will present on April 20 at 2:00 p.m. ET and engage in investor meetings. The presentation will be available via live webcast on Entravision's Investor Relations website.
Entravision is a global advertising solutions company, with significant revenues from its digital segment, which includes programmatic ad purchasing and mobile performance solutions, alongside television and radio offerings.
Entravision (NYSE: EVC) announced that Chief Financial Officer Chris Young will present at the 2022 Virtual Growth Conference from March 28-30, 2022. The event is hosted by Maxim Group LLC and M-Vest, where attendees can listen to Entravision's presentation on demand. The company's digital segment, its largest revenue source, includes various business units focusing on programmatic advertising and digital audio solutions. Entravision also operates 49 television stations and 46 radio stations, primarily in Spanish.
Entravision (NYSE: EVC), a global advertising and media technology company, announced its participation in two key investor events. On March 9, 2022, CFO Christopher Young will engage in virtual meetings during the Guggenheim Broadcast Symposium. Subsequently, at the Deutsche Bank 30th Annual Media, Internet & Telecom Conference in Palm Beach, Florida, he will present on March 15, 2022, at 1:20 p.m. ET, with live webcast details available on the company's Investor Relations website. Entravision continues to connect brands with consumers through a diverse digital and media portfolio.
Entravision Communications Corporation (EVC) reported record financial results for Q4 and full-year 2021, showcasing a 36% increase in net revenue to $233.9 million and a remarkable 121% increase for the full year, totaling $760.2 million. However, net income attributable to common stockholders plummeted 81% to $3.9 million. The company announced a quarterly cash dividend of $0.025 per share and a $20 million share repurchase program. Digital revenue now comprises 73% of total revenue, reflecting significant transformation through acquisitions and growth in emerging markets.
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