Entravision Reports 17% Increase in Q1 2025 Net Revenue; Advertising Tech & Services Profit Surges 296%

Reuters
2025/05/09
Entravision Reports 17% Increase in Q1 2025 Net Revenue; Advertising Tech & Services Profit Surges 296%

Entravision Communications Corporation reported its first quarter 2025 financial results, highlighting a 17% increase in consolidated net revenue compared to the first quarter of 2024. This growth was driven by the strong performance of the Advertising Technology & Services segment, which saw its operating profit rise to $6.5 million, reflecting a 296% increase from the previous year. The company also reported a decrease in corporate expenses by 36%, attributed to reductions in salaries, bonus expenses, non-cash compensation, and professional service fees. However, Entravision incurred non-cash charges totaling $48.9 million due to the sale of two television stations in Mexico and the vacating of its previous headquarters in Santa Monica, California. As of March 31, 2025, Entravision held $78.1 million in cash, cash equivalents, and marketable securities, a decline from $100.6 million on December 31, 2024. The company used $15.2 million in net cash for operating activities and paid a dividend of $4.5 million on March 31, 2025. Despite facing challenges in its Media segment, Entravision expanded its sales capacity and continues to focus on growth, financial stability, and driving cost efficiencies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Entravision Communications Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-066909), on May 08, 2025, and is solely responsible for the information contained therein.

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