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

Reuters
09 May
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.

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