Tag: Adwake

  • Entravision to Announce First Quarter 2026 Financial Results

    Entravision to Announce First Quarter 2026 Financial Results

    BURBANK, Calif.–(BUSINESS WIRE)–
    Entravision (NYSE: EVC), a media and advertising technology company, announced today that it will release its first quarter 2026 financial results after market close on Tuesday, May 5, 2026. The company will host a webinar to discuss its results followed by a question-and-answer session at 1:30 p.m. PT/ 4:30 p.m. ET the same day.

    The webinar may be accessed on the company’s Investor Relations website at investor.entravision.com or via webinar registration.

    The webinar will also be archived on the company’s Investor Relations website under the Events section.

    About Entravision

    Entravision (NYSE: EVC) is a media and advertising technology company. In the U.S., we maintain a diversified portfolio of television and radio stations and digital advertising services that target Latino audiences. Our advertising technology business consists of Smadex, our programmatic ad purchasing platform, and Adwake, our mobile growth solutions business. Entravision is the largest affiliate group of the Univision and UniMás television networks. Shares of Entravision Class A Common Stock trade on the NYSE under ticker: EVC. Learn more about our offerings at entravision.com.

  • Entravision Acquires Playback Rewards’ Technology and Product Assets to Accelerate Adwake’s Performance Offering

    Entravision Acquires Playback Rewards’ Technology and Product Assets to Accelerate Adwake’s Performance Offering

    The acquisition strengthens targeting capabilities to drive customer loyalty and higher ROAS.

    LOS ANGELES–(BUSINESS WIRE)–
    Entravision Communications Corporation (“Entravision”), a leading global advertising, media, and technology company, today announced it has acquired Playback Reward’s core technology, platform, and product IP assets. These assets will be integrated into Adwake, Entravision’s performance advertising business, to accelerate the development of its loyalty rewards platforms, in order to expand value for advertisers focused on customer retention and Return On Ad Spend (ROAS)

    “This acquisition strengthens our performance offering at a time when advertisers are prioritizing efficiency, measurable outcomes, and long-term value,” said Michael Christenson, Chief Executive Officer of Entravision. “By integrating Playback’s technology into Adwake, we are enhancing our ability to deliver scalable customer loyalty solutions with improved targeting and performance optimization for brands.”

    As advertisers shift budgets toward models that emphasize user retention and higher ROAS, Adwake’s loyalty rewards platforms are designed to connect precise targeting with measurable outcomes — ensuring brands reach users who not only convert, but remain engaged.

    “Brands are no longer focused on short-term acquisition,” said Emre Atalay, Chief Executive Officer of Adwake. “Playback’s technology strengthens our targeting and optimization capabilities, allowing advertisers to reach the right users at the right moment and drive deeper engagement over time.”

    The Playback assets will be incorporated into Adwake’s Rewarded & Loyalty advertising roadmap, supporting faster product innovation and expanded campaign capabilities across mobile environments.

    Stanimir Kolev, General Manager for Rewarded Platforms at Adwake, added, “Playback’s technology and product assets significantly improve our ability to identify high-intent users and optimize campaigns toward long-term value, which translates into better retention, higher ROAS, and a more meaningful value exchange between brands and users.”

    About Adwake

    Adwake is a tech-enabled services company powered by Entravision. At Adwake, we place cutting-edge technology and quality service at the heart of our approach to effectively find, connect and engage with your ideal customer across every screen.

    About Entravision

    Entravision (NYSE: EVC) is a global ad-tech, media, and marketing solutions company offering consumer engagement products through a dynamic range of digital and media options. Our state-of-the art and proprietary ad technology business provides programmatic and strategic services to advertisers and app developers on a global basis to help clients expand their business locally or globally. Shares of Entravision Class A Common Stock trade on the NYSE under the ticker: EVC. Learn more about us at entravision.com.

  • Entravision to Announce Fourth Quarter and Full Year 2025 Financial Results

    Entravision to Announce Fourth Quarter and Full Year 2025 Financial Results

    BURBANK, Calif.–(BUSINESS WIRE)–
    Entravision (NYSE: EVC), a media and advertising technology company, announced today that it will release its fourth quarter and full year 2025 financial results after market close on Thursday, March 5, 2026. The company will host a webinar to discuss its results followed by a question-and-answer session at 2 p.m. PT / 5 p.m. ET the same day.

    The webinar may be accessed on the company’s Investor Relations website at investor.entravision.com or via webinar registration.

    The webinar will also be archived on the company’s Investor Relations website under the Events section.

    About Entravision

    Entravision (NYSE: EVC) is a media and advertising technology company. In the U.S., we maintain a diversified portfolio of television and radio stations and digital advertising services that target Latino audiences. Our advertising technology business consists of Smadex, our programmatic ad purchasing platform, and Adwake, our mobile growth solutions business. Entravision is the largest affiliate group of the Univision and UniMás television networks. Shares of Entravision Class A Common Stock trade on the NYSE under ticker: EVC. Learn more about our offerings at entravision.com.

  • Entravision to Announce Third Quarter 2025 Financial Results

    Entravision to Announce Third Quarter 2025 Financial Results

    BURBANK, Calif.–(BUSINESS WIRE)–
    Entravision (NYSE: EVC), a media and advertising technology company, announced today that it will release its third quarter 2025 financial results after market close on Tuesday, November 4, 2025. The company will host a webinar to discuss its results followed by a question-and-answer session at 2 p.m. PT/ 5 p.m. ET the same day.

    The webinar may be accessed on the company’s Investor Relations website at investor.entravision.com or via webinar registration.

    The webinar will also be archived on the company’s Investor Relations website under the Events section.

    About Entravision

    Entravision (NYSE: EVC) is a media and advertising technology company. In the U.S., we maintain a diversified portfolio of television and radio stations and digital advertising services that target Latino audiences. Our advertising technology business consists of Smadex, our programmatic ad purchasing platform, and Adwake, our mobile growth solutions business. Entravision is the largest affiliate group of the Univision and UniMás television networks. Shares of Entravision Class A Common Stock trade on the NYSE under ticker: EVC. Learn more about our offerings at entravision.com.

  • Entravision to Announce Second Quarter 2025 Financial Results

    Entravision to Announce Second Quarter 2025 Financial Results

    BURBANK, Calif.–(BUSINESS WIRE)–
    Entravision (NYSE: EVC), a media and advertising technology company, announced today that it will release its second quarter 2025 financial results after market close on Tuesday, August 5, 2025. The company will host a conference call to discuss its results followed by a question-and-answer session at 2 p.m. PT/ 5 p.m. ET the same day.

    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 “Investor” section of the company’s website at investor.entravision.com.

    Following the call, a replay will be available through Tuesday, August 19, 2025, which can be accessed by dialing 1-844-512-2921 or 1-412-317-6671 and entering the passcode 1191774. The webcast will also be archived on the company’s website.

    About Entravision

    Entravision (NYSE: EVC) is a media and advertising technology company. In the U.S., we maintain a diversified portfolio of television and radio stations and digital advertising services that target Latino audiences. Our advertising technology business consists of Smadex, our programmatic ad purchasing platform, and Adwake, our mobile growth solutions business. Entravision is the largest affiliate group of the Univision and UniMás television networks. Shares of Entravision Class A Common Stock trade on the NYSE under ticker: EVC. Learn more about our offerings at entravision.com.

  • Entravision to Announce First Quarter 2025 Financial Results

    Entravision to Announce First Quarter 2025 Financial Results

    BURBANK, Calif.–(BUSINESS WIRE)–
    Entravision (NYSE: EVC), a media and advertising technology company, announced today that it will release its first quarter 2025 financial results after market close on Thursday, May 8, 2025. The company will host a conference call to discuss its results followed by a question-and-answer session at 2 p.m. PT/ 5 p.m. ET the same day.

    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 “Investor” section of the company’s website at investor.entravision.com.

    Following the call, a replay will be available through Thursday, May 22, 2025, which can be accessed by dialing 1-844-512-2921 or 1-412-317-6671 and entering the passcode 1177748. The webcast will also be archived on the company’s website.

    About Entravision

    Entravision (NYSE: EVC) is a media and advertising technology company. In the U.S., we maintain a diversified portfolio of television and radio stations and digital advertising services that target Latino audiences. Our advertising technology business consists of Smadex, our programmatic ad purchasing platform, and Adwake, our mobile growth solutions business. Entravision is the largest affiliate group of the Univision and UniMás television networks. Shares of Entravision Class A Common Stock trade on the NYSE under ticker: EVC. Learn more about our offerings at entravision.com.

  • Entravision Communications Corporation Reports Fourth Quarter and Full Year 2024 Results

    Entravision Communications Corporation Reports Fourth Quarter and Full Year 2024 Results

    SANTA MONICA, Calif.–(BUSINESS WIRE)–
    Entravision Communications Corporation (NYSE: EVC), a media and advertising technology company, today announced financial results for its fourth quarter and fiscal year ended December 31, 2024.

    “We achieved net revenue growth of 37% and 23% during the fourth quarter and full year 2024, respectively, compared to the same periods in 2023, driven primarily by record political advertising revenue in our Media segment and advertising revenue in our Advertising Technology & Services segment,” said Michael Christenson, Chief Executive Officer. “Our balance sheet remains strong, and as we look forward to fiscal year 2025 and beyond we continue to focus on providing highly-rated news and content to our audiences, strengthening our digital marketing solutions in combination with our television and radio offerings, and continuing to grow our Advertising Technology & Services segment.”

    Highlights

    • Consolidated net revenue increased 37% for the fourth quarter 2024 and increased 23% for the year ended December 31, 2024 over the respective prior fourth quarter and year ended periods.
    • The company achieved record political advertising revenue in 2024, which was the fifth election cycle in a row in which the company benefited from increased political advertising revenue compared to the previous election cycle.
    • In 2024, the company significantly enhanced its local news programming, making substantial investments in news operations to capitalize on advertising inventory during its newscasts.
    • In late 2024, the company realigned its sales management structure and increased the size of its media sales team and it is our current intention that this will continue in 2025.
    • Media segment net revenue increased 30% for the fourth quarter 2024 and increased 13% for the year ended December 31, 2024 over the respective prior fourth quarter and year ended periods.
    • Advertising Technology & Services segment net revenue increased 49% for the fourth quarter 2024 and increased 42% for the year ended December 31, 2024 over the respective prior fourth quarter and year ended periods.
    • Media segment operating profit increased 62% for the fourth quarter 2024 and declined 4% for the year ended December 31, 2024 over the respective prior fourth quarter and year ended periods.
    • Advertising Technology & Services segment operating profit increased 39% for the fourth quarter 2024 and increased over 1,000% for the year ended December 31, 2024 over the respective prior fourth quarter and year ended periods.
    • Corporate expenses decreased 48% for the fourth quarter 2024 and decreased 25% for the year ended December 31, 2024 over the respective prior fourth quarter and year ended periods.
    • The company incurred an impairment charge of $61.2 million for the year ended December 31, 2024.
    • The company made prepayments of $20 million under its credit facility during 2024.
    • Total leverage as defined in the company’s credit agreement was 2.8 times as of December 31, 2024. Net of total cash and marketable securities, total leverage was 1.8 times.
    • Entravision’s 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 March 31, 2025 to shareholders of record as of the close of business on March 17, 2025.

    About Entravision Communications Corporation

    Entravision is a media and advertising technology company. In the U.S., we maintain a diversified portfolio of television and radio stations and digital advertising services that target Latino audiences. Our advertising technology business consists of Smadex, our programmatic ad purchasing platform, and Adwake, our mobile growth solutions business. Entravision is the largest affiliate group of the Univision and UniMás television networks. Shares of Entravision Class A Common Stock trade on the NYSE under ticker: EVC. Learn more about our offerings at
    entravision.com
    or connect with us on
    LinkedIn
    and
    Facebook.

    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’s 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’s filings with the Securities and Exchange Commission.

    Entravision Communications Corporation

    Segment Results (Unaudited)

    (In thousands)


    Three-Month Ended

    December 31,


    Year Ended

    December 31,

    2024

    2023

    % Change

    2024

    2023

    % Change

    Net Revenue

    Media

    $

    67,260

    $

    51,654

    30

    %

    $

    222,061

    $

    196,268

    13

    %

    Advertising Technology & Services

    39,702

    26,602

    49

    %

    142,887

    100,775

    42

    %

    Consolidated

    106,962

    78,256

    37

    %

    364,948

    297,043

    23

    %

    Cost of revenue

    Media

    $

    4,838

    $

    3,291

    47

    %

    $

    16,726

    $

    10,952

    53

    %

    Advertising Technology & Services

    23,475

    16,013

    47

    %

    85,470

    66,262

    29

    %

    Consolidated

    28,313

    19,304

    47

    %

    102,196

    77,214

    32

    %

    Direct operating expenses

    Media

    28,583

    24,921

    15

    %

    110,988

    96,925

    15

    %

    Advertising Technology & Services

    8,505

    4,150

    105

    %

    25,274

    16,306

    55

    %

    Consolidated

    37,088

    29,071

    28

    %

    136,262

    113,231

    20

    %

    Selling, general and administrative expenses

    Media

    12,159

    8,961

    36

    %

    42,759

    36,000

    19

    %

    Advertising Technology & Services

    4,900

    3,437

    43

    %

    20,109

    13,761

    46

    %

    Consolidated

    17,059

    12,398

    38

    %

    62,868

    49,761

    26

    %

    Depreciation and amortization

    Media

    3,135

    3,013

    4

    %

    12,891

    11,975

    8

    %

    Advertising Technology & Services

    637

    1,431

    (55

    )%

    3,930

    4,417

    (11

    )%

    Consolidated

    3,772

    4,444

    (15

    )%

    16,821

    16,392

    3

    %

    Segment operating profit (loss)

    Media

    18,545

    11,468

    62

    %

    38,697

    40,416

    (4

    )%

    Advertising Technology & Services

    2,185

    1,571

    39

    %

    8,104

    29

    *

    Consolidated

    20,730

    13,039

    59

    %

    46,801

    40,445

    16

    %

    Corporate expenses

    7,509

    14,458

    (48

    )%

    37,498

    50,294

    (25

    )%

    Change in fair value of contingent consideration

    1

    200

    (100

    )%

    (629

    )

    821

    *

    Impairment charge

    61,220

    12,278

    399

    %

    61,220

    13,267

    361

    %

    Foreign currency (gain) loss

    572

    676

    (15

    )%

    692

    1,950

    (65

    )%

    Other operating (gain) loss

    609

    (100

    )%

    609

    (100

    )%

    Operating income (loss)

    (48,572

    )

    (15,182

    )

    220

    %

    (51,980

    )

    (26,496

    )

    96

    %

    Interest expense

    (3,824

    )

    (4,369

    )

    (12

    )%

    (16,472

    )

    (16,833

    )

    (2

    )%

    Interest income

    657

    1,009

    (35

    )%

    2,458

    3,405

    (28

    )%

    Dividend income

    3

    (100

    )%

    10

    35

    (71

    )%

    Realized gain (loss) on marketable securities

    1

    (100

    )%

    (110

    )

    (93

    )

    18

    %

    Gain (loss) on debt extinguishment

    *

    (91

    )

    (1,556

    )

    (94

    )%

    Income (loss) before income taxes from continuing operations

    $

    (51,739

    )

    $

    (18,538

    )

    179

    %

    $

    (66,185

    )

    $

    (41,538

    )

    59

    %

    Capital expenditures

    Media

    $

    2,543

    $

    6,148

    $

    7,089

    $

    21,208

    Advertising Technology & Services

    74

    1,043

    372

    3,643

    Consolidated

    $

    2,617

    $

    7,191

    $

    7,461

    $

    24,851

    Entravision Communications Corporation

    Consolidated Statements of Operations (Unaudited)

    (In thousands, except share and per share data)

    Three-Month Period

    Twelve-Month Period

    Ended December 31,

    Ended December 31,

    2024

    2023

    2024

    2023

    Net revenue

    $

    106,962

    $

    78,256

    $

    364,948

    $

    297,043

    Expenses:

    Cost of revenue

    28,313

    19,304

    102,196

    77,214

    Direct operating expenses

    37,088

    29,071

    136,262

    113,231

    Selling, general and administrative expenses

    17,059

    12,398

    62,868

    49,761

    Corporate expenses

    7,509

    14,458

    37,498

    50,294

    Depreciation and amortization

    3,772

    4,444

    16,821

    16,392

    Change in fair value of contingent consideration

    1

    200

    (629

    )

    821

    Impairment charge

    61,220

    12,278

    61,220

    13,267

    Foreign currency (gain) loss

    572

    676

    692

    1,950

    Other operating (gain) loss

    609

    609

    155,534

    93,438

    416,928

    323,539

    Operating income (loss)

    (48,572

    )

    (15,182

    )

    (51,980

    )

    (26,496

    )

    Interest expense

    (3,824

    )

    (4,369

    )

    (16,472

    )

    (16,833

    )

    Interest income

    657

    1,009

    2,458

    3,405

    Dividend income

    3

    10

    35

    Realized gain (loss) on marketable securities

    1

    (110

    )

    (93

    )

    Gain (loss) on debt extinguishment

    (91

    )

    (1,556

    )

    Income before income taxes

    (51,739

    )

    (18,538

    )

    (66,185

    )

    (41,538

    )

    Income tax (expense) benefit

    (3,932

    )

    5,337

    (4,105

    )

    8,392

    Net income (loss) from continuing operations

    (55,671

    )

    (13,201

    )

    (70,290

    )

    (33,146

    )

    Income (loss) from discontinued operations

    (687

    )

    (5,007

    )

    (78,618

    )

    17,709

    Net income (loss) attributable to common stockholders

    $

    (56,358

    )

    $

    (18,208

    )

    $

    (148,908

    )

    $

    (15,437

    )

    Basic and diluted earnings (loss) per share:

    Net income (loss) per share attributable to common stockholders, basic and diluted

    $

    (0.62

    )

    $

    (0.21

    )

    $

    (1.66

    )

    $

    (0.18

    )

    Cash dividends declared per common share, basic and diluted

    $

    0.05

    $

    0.05

    $

    0.20

    $

    0.20

    Weighted average common shares outstanding, basic and diluted

    90,175,742

    88,193,240

    89,876,538

    87,901,938

    Entravision Communications Corporation

    Consolidated Balance Sheets (Unaudited)

    (In thousands)

    December 31,

    December 31,

    2024

    2023

    ASSETS

    Current assets

    Cash and cash equivalents

    $

    95,914

    $

    67,398

    Marketable securities

    4,694

    13,172

    Restricted Cash

    786

    770

    Trade receivables, net of allowance for doubtful accounts

    68,319

    70,082

    Assets held for sale

    301

    Prepaid expenses and other current assets

    16,587

    16,863

    Current assets of discontinued operations

    217,269

    Total current assets

    186,300

    385,855

    Property and equipment, net

    60,616

    66,932

    Intangible assets subject to amortization, net

    4,417

    7,100

    Intangible assets not subject to amortization

    177,276

    195,174

    Goodwill

    7,352

    50,674

    Deferred income taxes

    2,650

    265

    Operating leases right of use asset

    40,762

    42,868

    Other assets

    7,905

    21,223

    Noncurrent assets of discontinued operations

    95,855

    Total assets

    $

    487,278

    $

    865,946

    LIABILITIES AND STOCKHOLDERS’ EQUITY

    Current liabilities

    Current maturities of long-term debt

    $

    $

    8,750

    Accounts payable and accrued expenses

    53,882

    47,776

    Operating lease liabilities

    7,744

    6,748

    Current liabilities of discontinued operations

    208,779

    Total current liabilities

    61,626

    272,053

    Long-term debt, less current maturities, net of unamortized debt issuance costs

    186,958

    197,884

    Long-term operating lease liabilities

    42,101

    45,178

    Other long-term liabilities

    12,168

    4,624

    Deferred income taxes

    38,405

    46,849

    Noncurrent liabilities of discontinued operations

    33,072

    Total liabilities

    341,258

    599,660

    Redeemable noncontrolling interest – discontinued operations

    43,758

    Stockholders’ equity

    Class A common stock

    8

    8

    Class U common stock

    1

    1

    Additional paid-in capital

    815,532

    743,246

    Accumulated deficit

    (668,720

    )

    (519,812

    )

    Accumulated other comprehensive income (loss)

    (801

    )

    (915

    )

    Total stockholders’ equity

    146,020

    222,528

    Total liabilities, redeemable noncontrolling interest and equity

    $

    487,278

    $

    865,946

    Entravision Communications Corporation

    Consolidated Statements of Cash Flows (Unaudited)

    (In thousands)

    Three-Month Period

    Twelve-Month Period

    Ended December 31,

    Ended December 31,

    2024

    2023

    2024

    2023

    Cash flows from operating activities:

    Net income (loss)

    $

    (56,358

    )

    $

    (18,208

    )

    $

    (148,908

    )

    $

    (15,437

    )

    Adjustments to reconcile net income (loss) to net cash provided by operating activities:

    Depreciation and amortization

    3,772

    7,671

    20,779

    28,007

    Impairment charge

    61,220

    12,278

    110,658

    13,267

    Deferred income taxes

    (6,995

    )

    (10,796

    )

    (10,281

    )

    (10,965

    )

    Non-cash interest

    61

    91

    284

    355

    Amortization of syndication contracts

    111

    113

    450

    471

    Payments on syndication contracts

    (114

    )

    (114

    )

    (451

    )

    (480

    )

    Non-cash stock-based compensation

    1,426

    6,645

    13,848

    23,698

    (Gain) loss on marketable securities

    (1

    )

    110

    93

    (Gain) loss on disposal of property and equipment

    71

    748

    277

    737

    Loss (gain) on the sale of businesses

    48

    45,187

    (Gain) loss on debt extinguishment

    91

    1,556

    Change in fair value of contingent consideration

    6,400

    (13,198

    )

    (2,539

    )

    Net income (loss) attributable to redeemable noncontrolling interest – discontinued operations

    157

    (2,779

    )

    158

    Net income (loss) attributable to noncontrolling interest – discontinued operations

    (342

    )

    Changes in assets and liabilities, net of businesses acquired and disposed of:

    (Increase) decrease in trade receivables, net

    (519

    )

    (25,508

    )

    10,092

    (9,247

    )

    (Increase) decrease in prepaid expenses and other current assets, operating leases right of use asset and other assets

    11,806

    15,025

    9,878

    7,826

    Increase (decrease) in accounts payable, accrued expenses and other liabilities

    (1,746

    )

    11,578

    38,668

    38,038

    Net cash provided by operating activities

    12,783

    6,079

    74,705

    75,196

    Cash flows from investing activities:

    Proceeds from sale of assets/business, net of cash divested

    2,486

    175

    (40,481

    )

    258

    Purchases of property and equipment

    (2,174

    )

    (7,446

    )

    (8,463

    )

    (27,327

    )

    Purchase of businesses, net of cash acquired

    (6,930

    )

    Purchases of marketable securities

    (2,303

    )

    (2,303

    )

    (11,355

    )

    Proceeds from sale of marketable securities

    408

    5,242

    10,789

    43,335

    Proceeds from loan receivable

    2,888

    13,636

    Purchases of investments

    (300

    )

    Issuance of loan receivable

    (13,636

    )

    Net cash provided by (used in) investing activities

    1,305

    (2,029

    )

    (26,822

    )

    (15,955

    )

    Cash flows from financing activities:

    Proceeds from stock option exercises

    554

    Tax payments related to shares withheld for share-based compensation plans

    (2,537

    )

    (3,899

    )

    (2,564

    )

    (4,057

    )

    Payments on debt

    (1,250

    )

    (20,275

    )

    (215,745

    )

    Dividends paid

    (4,504

    )

    (4,406

    )

    (17,975

    )

    (17,588

    )

    Distributions to noncontrolling interest

    (1,078

    )

    (3,380

    )

    Payment of contingent consideration

    (1,350

    )

    (15,650

    )

    (35,113

    )

    Principal payments under finance lease obligation

    (38

    )

    (39

    )

    (148

    )

    (152

    )

    Proceeds from borrowings on debt

    667

    213,087

    Payments for debt issuance costs

    (1,777

    )

    Net cash used in financing activities

    (8,429

    )

    (8,927

    )

    (57,690

    )

    (64,171

    )

    Effect of exchange rates on cash, cash equivalents and restricted cash

    (3

    )

    (2

    )

    (5

    )

    Net increase (decrease) in cash, cash equivalents and restricted cash

    5,659

    (4,880

    )

    (9,809

    )

    (4,935

    )

    Cash, cash equivalents and restricted cash:

    Beginning

    91,041

    111,389

    106,509

    111,444

    Ending

    $

    96,700

    $

    106,509

    $

    96,700

    $

    106,509

  • Eduardo Maytorena Joins Entravision as Senior Vice President and General Sales Manager for Los Angeles

    Eduardo Maytorena Joins Entravision as Senior Vice President and General Sales Manager for Los Angeles

    SANTA MONICA, Calif.–(BUSINESS WIRE)–
    Entravision is excited to announce the appointment of Eduardo Maytorena as Senior Vice President and General Sales Manager for Los Angeles. Eduardo brings an extensive and accomplished track record in driving revenue growth, creating impactful campaigns, and leading diverse teams across the media, entertainment, and advertising industries.

    Eduardo Maytorena, SVP and General Sales Manager, Los Angeles (Photo: Business Wire)

    Eduardo Maytorena, SVP and General Sales Manager, Los Angeles (Photo: Business Wire)

    “We are thrilled to welcome Eduardo to the Entravision family,” said Juan Navarro, Chief Revenue Officer of Entravision. “Eduardo’s extensive experience, creative vision, and dedication to serving the Latino community make him an invaluable asset to our leadership team. We look forward to seeing his contributions elevate our sales strategy and community engagement in Los Angeles,” Navarro added.

    Eduardo’s dynamic career includes pivotal roles with Spanish Broadcasting System, Radio Centro, and HOY Newspaper. At Spanish Broadcasting System, he served as General Sales Manager, where his strategic leadership significantly boosted market performance. During his tenure at Radio Centro, Eduardo aligned programming, promotions, and sales efforts, becoming one of the station’s top revenue performers. At HOY newspaper, Eduardo worked closely with major regional accounts to craft comprehensive 360-degree campaigns.

    In his new role as SVP of Sales for Los Angeles, Eduardo will leverage his expertise in multicultural marketing and his deep understanding of the Latino community to strengthen Entravision’s presence in the market. Eduardo’s innovative approach and commitment to excellence will play a key role in driving sales growth, increasing client relationships, and delivering impactful results for the company’s diverse portfolio of media properties.

    “I have always admired Entravision’s commitment to connecting with the diverse tapestry and communities that make up Los Angeles and I am incredibly privileged to lead as the SVP, General Manager,” said Eduardo Maytorena. “Together, we will amplify local voices, drive unparalleled results for our advertising partners, and ensure that brands not only reach but truly connect with our dynamic audience across all channels.”

    About Entravision Communications Corporation

    Entravision (NYSE: EVC) is a media and advertising technology company. In the U.S., we maintain a diversified portfolio of television and radio stations and digital advertising services that target Latino audiences. Our advertising technology business consists of Smadex, our programmatic ad purchasing platform, and Adwake, our mobile growth solutions business. Entravision remains the largest affiliate group of the Univision and UniMás television networks. Shares of Entravision Class A Common Stock trade on the NYSE under ticker: EVC. Learn more about our offerings at
    entravision.com
    or connect with us on
    LinkedIn.

  • Entravision Enhances Los Angeles Leadership Sales Team with Strategic Hires

    Entravision Enhances Los Angeles Leadership Sales Team with Strategic Hires

    SANTA MONICA, Calif.–(BUSINESS WIRE)–
    Entravision is proud to announce the addition of two seasoned executives to its leadership sales team, underscoring its dedication to innovation, growth, and delivering exceptional value to clients, audiences, and partners. Both new hires, Edwin Garcia and LeaAnna Hernandez, are based in Los Angeles, further solidifying Entravision’s strong presence in this key market.

    Edwin Garcia, VP of Digital Sales, Entravision (Photo: Business Wire)

    Edwin Garcia, VP of Digital Sales, Entravision (Photo: Business Wire)

    Edwin Garcia, Vice President of Digital Sales

    With over 20 years of experience in multicultural media and consultative sales, Edwin Garcia joins Entravision as Vice President of Sales. Previously the Sales Director at NGLmitú, Edwin successfully drove revenue growth and forged partnerships with Fortune 500 companies and leading media agencies. At Univision, he led sales teams across Los Angeles, Phoenix, and Tucson, excelling across Digital, Social, TV, and Radio platforms. Edwin’s deep expertise in the U.S. Hispanic market and strategic acumen will be key to advancing Entravision’s sales initiatives and market presence. His focus will also include empowering clients with tailored digital marketing solutions to help them achieve measurable success in reaching multicultural audiences.

    LeaAnna Hernandez, Vice President of Digital Sales

    LeaAnna Hernandez, a forward-thinking leader with a proven track record in branding, marketing, and growth strategies, steps into the role of Vice President of Digital Sales. Her career spans impactful collaborations with agencies, and global brands, delivering forward-thinking, tech-driven solutions. As an entrepreneur and strategist, LeaAnna is skilled at identifying opportunities and executing creative approaches to drive results. At Entravision, she will apply her cultural intelligence and expertise to accelerate growth and transformation within the digital space, ensuring clients are equipped with innovative digital marketing strategies to maximize their returns and engagement with diverse audiences.

    “We are thrilled to welcome Edwin and LeaAnna to the Entravision family,” said Juan Navarro, Chief Revenue Officer at Entravision. “Their leadership, expertise, and innovative vision will be pivotal as we continue to expand our capabilities and provide world-class media and sales solutions tailored to our diverse and growing audiences.”

    As a leader in connecting brands with one of the fastest-growing demographics in the U.S., Entravision remains committed to empowering businesses with cutting-edge media & marketing solutions while amplifying the voices and stories of multicultural communities. The addition of Edwin and LeaAnna further strengthens Entravision’s mission to bridge brands and audiences through innovation and meaningful engagement.

    About Entravision Communications Corporation

    Entravision is a media and advertising technology company. In the U.S., we maintain a diversified portfolio of television and radio stations and digital advertising services that target Latino audiences. Our advertising technology business consists of Smadex, our programmatic ad purchasing platform, and Adwake, our mobile growth solutions business. Entravision remains the largest affiliate group of the Univision and UniMás television networks. Shares of Entravision Class A Common Stock trade on the NYSE under ticker: EVC. Learn more about our offerings at
    entravision.com
    or connect with us on
    LinkedIn.

  • Entravision’s White House Correspondent Stephanie Ochoa Honored with 2024 Foreign Press Excellence Award

    Entravision’s White House Correspondent Stephanie Ochoa Honored with 2024 Foreign Press Excellence Award

    Ceremony will take place tonight at the National Press Club in Washington D.C.

    SANTA MONICA, Calif.–(BUSINESS WIRE)–
    Entravision is proud to announce that Stephanie Ochoa, its White House News Correspondent, will be awarded the prestigious
    2024 Foreign Press Excellence Award
    by the
    Association of Foreign Press Correspondents in the USA (AFPC-USA)
    .

    Entravision's White House Correspondent, Stephanie Ochoa (Photo: Business Wire)

    Entravision’s White House Correspondent, Stephanie Ochoa (Photo: Business Wire)

    The honor recognizes Ochoa’s commitment to delivering reporting that bridges diverse perspectives and serves the Latino community. Known for her incisive coverage of U.S. politics and its global implications, Ochoa has become a trusted voice in the media landscape, both domestically and internationally.

    Reflecting on the recognition, Stephanie Ochoa shared, “This award is a powerful reminder of the vital role journalism plays in shaping our country and communities. For me, it represents a personal milestone as a Latina, an immigrant, and a professional in political reporting – an arena once out of reach for many in my community. The stories we share are essential for democracy and informed decision-making, and today, we also celebrate Entravision’s commitment to this mission.”

    The award will be presented tonight at the National Press Club in Washington, D.C., during the AFPC-USA’s annual awards ceremony. The evening will celebrate journalists from media outlets serving international audiences who have demonstrated exceptional dedication to their craft. Additionally, scholarships will be awarded, fostering the next generation of global media leaders.

    “Stephanie’s dedication to delivering accurate and impactful reporting exemplifies the values Entravision upholds in connecting our audiences with stories that matter,” said Michael Christenson, CEO of Entravision. “We are immensely proud of her achievements and congratulate her on this well-deserved recognition.”

    The
    Foreign Press Excellence Award
    underscores Ochoa’s contribution to Entravision’s mission of providing premium content to key Latino markets and beyond, reinforcing its role as a leader in delivering critical, high-quality journalism to diverse communities.

    Jeffery Liberman, President and COO of Entravision, added, “Stephanie’s recognition with the 2024 Foreign Press Excellence Award is well-deserved and reflects her exceptional dedication and skill as a journalist. Since joining Entravision, she has delivered outstanding reporting that connects national political issues to our local communities. We are proud to celebrate this remarkable achievement with her.”

    About Entravision Communications Corporation

    Entravision (NYSE: EVC) is a media and advertising technology company. In the U.S., we maintain a diversified portfolio of television and radio stations and digital advertising services that target Latino audiences. Our advertising technology business consists of Smadex, our programmatic ad purchasing platform, and Adwake, our mobile growth solutions business. Entravision remains the largest affiliate group of the Univision and UniMás television networks. Shares of Entravision Class A Common Stock trade on the NYSE under ticker: EVC. Learn more about our offerings at
    entravision.com
    or connect with us on
    LinkedIn.