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Entravision Communications Corporation Reports Second Quarter 2025 Results

BURBANK, Calif.--(BUSINESS WIRE)-- Entravision Communications Corporation (NYSE: EVC), a media and advertising technology company, today announced financial results for its second quarter ended June 30, 2025.

"While our Media segment net revenue decreased 8% compared to the second quarter of 2024, we're encouraged by the sequential improvement from the first quarter of 2025 and the achievement of positive operating profit, further validating our expanded sales capacity in that segment and tight control of operating expenses,鈥� said Michael Christenson, Chief Executive Officer. "We are also pleased to report the improved performance and execution of our Advertising and Technology Services segment in the second quarter of 2025, with net revenue increasing 66% year-over-year. This growth reflects the successful expansion of our sales capacity and the integration of AI capabilities into our proprietary technology platform."

Mr. Christenson continued, 鈥淥ur balance sheet is strong and we made a voluntary debt prepayment of $10 million in the second quarter of 2025. Furthermore, following the end of the quarter, we entered into an amendment to our credit agreement, to increase our financial stability and accelerate debt reduction.鈥�

Highlights

Entravision reports its operating results for two segments. The Media segment provides video, audio and digital marketing services to local and national advertisers in the U.S. The Advertising Technology & Services segment provides programmatic advertising technology and services to advertisers and mobile app developers on a global basis.

• Consolidated net revenue increased 22% for second quarter 2025 compared to second quarter 2024.
  • Media segment net revenue decreased 8% for second quarter 2025 compared to second quarter 2024, primarily due to a decrease in broadcast advertising revenue and a decrease in retransmission consent revenue, partially offset by an increase in digital advertising revenue, and an increase in spectrum usage rights revenue.
  • Advertising Technology & Services segment net revenue increased 66% for second quarter 2025 compared to second quarter 2024, primarily due to increases in advertising revenue including advertising spend per client.
• Segment operating profit was $5.5 million for second quarter 2025, a decrease of 28% compared to second quarter 2024.
  • Media segment operating profit was $0.4 million for second quarter 2025, a decrease of 94% compared to second quarter 2024.
  • Advertising Technology & Services segment operating profit was $5.2 million for second quarter 2025, an increase of 190% compared to second quarter 2024.
• Corporate expenses decreased 41% for second quarter 2025 compared to second quarter 2024, primarily due to expense reductions in salaries and bonus, severance, non-cash compensation, rent and professional services.
• The company made a $10 million voluntary debt prepayment and paid a dividend of $4.5 million in second quarter 2025.
• The company entered into a strategic amendment to its credit agreement subsequent to the end of the quarter, on July 15, intended to accelerate debt reduction and provide additional financial stability and flexibility.
• The company had $69.3 million in cash and cash equivalents and marketable securities as of June 30, 2025, compared to $100.6 million as of December 31, 2024. Net cash provided by operating activities was $7.8 million for second quarter 2025.
• Entravision鈥檚 board of directors approved a quarterly cash dividend to shareholders of $0.05 per share on the company's Class A and Class U common stock. The dividend is payable on September 30, 2025 to shareholders of record as of the close of business on September 16, 2025.

Strategic Initiatives

Entravision is focused on several key strategies and initiatives for 2025 and beyond:

• Provide Trusted News and Content. We are dedicated to serving our audiences as a trusted provider of news, information and entertainment. We believe local news is an important strategic initiative as a local broadcaster and have doubled our local news production over the past year.
• Grow Local Sales and Digital Advertising Solutions. In late 2024 and early 2025 we made changes to our Media sales leadership and invested in hiring additional local salespeople and digital marketing specialists to drive growth in local and digital advertising sales.
• Grow Advertising Technology & Services. Our Advertising Technology & Services business has shown significant revenue growth and future growth potential. Our focus includes continuing to strengthen our proprietary technology platform and algorithms and hire additional key sales personnel, particularly in the U.S.
• Control Expenses and Drive Cost Efficiencies. Our strategy is to invest in content, technology and local sales in order to drive revenue, while controlling the costs of supporting services and corporate expense.
• Maintain a Strong Balance Sheet. Entravision is focused on long-term financial stability and flexibility, including maintaining a strong balance sheet with low leverage.

Notice of Conference Call

Entravision will hold a conference call to discuss its second quarter 2025 results on Tuesday, August 5, 2025 at 5:00 p.m. Eastern Time. To access the conference call, please dial 1-800-717-1738 or 1-646-307-1865 ten minutes prior to the start time. The call will also be available via live webcast on the 鈥淚nvestor鈥� section of the company's website at .

About Entravision Communications Corporation

Entravision is a media and advertising technology company. In the U.S., we provide video, audio and digital marketing services to local and national advertisers through a portfolio of television and radio stations and digital advertising services that target Latino audiences. Our advertising technology business provides programmatic advertising technology and services to advertisers and app developers on a global basis. Entravision is the largest affiliate group of the Univision and UniM谩s television networks. Shares of Entravision Class A Common Stock trade on the NYSE under the ticker: EVC. Learn more about us at .

Forward-Looking Statements

This press release contains certain forward-looking statements. These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause the Company鈥檚 actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this press release. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that actual results will not differ materially from these expectations, and the Company disclaims any duty to update any forward-looking statements made by the Company. From time to time, these risks, uncertainties and other factors are discussed in the Company鈥檚 filings with the Securities and Exchange Commission.

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View source version on businesswire.com:

For more information, please contact:

Mark Boelke

Chief Financial Officer

Entravision

310-447-3870

[email protected]

Roy Nir

VP, Financial Reporting and Investor Relations

Entravision

310-447-3870

[email protected]

Source: Entravision