Entravision Communications (EVC) Q4 2024 earnings summary

Executive summary

• Net revenue grew 37% in Q4 2024 and 23% for the full year, driven by record political advertising and strong Advertising Technology & Services performance.

• Media segment saw significant local news investments and a realignment of sales management late in 2024.

• Board approved a $0.05 per share quarterly dividend, payable March 31, 2025.

Financial highlights

• Q4 2024 consolidated net revenue: $106.96M (up 37% YoY); full year: $364.95M (up 23% YoY).

• Net loss attributable to common stockholders: $(56.36)M in Q4 2024 and $(148.91)M for the year, compared to $(18.21)M and $(15.44)M in 2023.

• Basic and diluted EPS: $(0.62) for Q4 2024 and $(1.66) for the year.

• Declared cash dividends per share: $0.05 for Q4 and $0.20 for the year.

Outlook and guidance

• Focus remains on expanding digital marketing, enhancing news content, and growing the Advertising Technology & Services segment in 2025.