Entravision Q4 Net Revs Rises 37% to $106.9 Million

RADIO ONLINE | Friday, March 7, 2025 | 3:29pm CT

Entravision Communications

Entravision reported a 37% increase in consolidated net revenue for the fourth quarter, totaling $106.9 million, and a 23% rise for the year, reaching $364.9 million. The media segment saw a 30% revenue jump in Q4 and a 13% increase for the year, reflecting the company's enhancement of local news programming and sales strategies. The Advertising Technology & Services segment experienced a 49% revenue growth in Q4 and a 42% increase annually, fueled by advancements in programmatic ad purchasing and mobile growth solutions.

The media segment's operating profit soared by 62% in Q4, although it saw a slight 4% decrease over the full year. The Advertising Technology & Services segment's operating profit grew by 39% in Q4 and an impressive over 1,000% annually. 2024 marked another record year for political advertising revenue, continuing a trend of growth during election cycles. Entravision has made significant investments in its news operations and has realigned its sales management structure to optimize media sales.

CEO Michael Christenson highlighted the company's substantial revenue increases, attributed to a surge in political advertising during an election cycle and expanded advertising technology services. "Our ability to blend high-quality news content with cutting-edge digital marketing solutions has proven to be a winning strategy, delivering substantial value to our stakeholders," Christenson commented.

The board approved a quarterly cash dividend of $0.05 per share, payable on March 31, 2025, to shareholders of record as of March 17, 2025.