Entravision Reports 17% Revenue Growth in Q1 2025
| RADIO ONLINE | Thursday, May 8, 2025 | 3:14pm CT |
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 Entravision |
Entravision Communications Corporation reported a 17% year-over-year increase in consolidated net revenue for the first quarter of 2025, driven by strong gains in its Advertising Technology & Services segment. The company's Media segment, however, saw a 10% decline in revenue, contributing to an overall operating loss of $52.8 million for the quarter.
CEO Michael Christenson credited the growth to "strong performance of our Advertising and Technology Services segment," citing increased ad spend per client and expanded AI capabilities. He acknowledged the Media segment's difficulties, noting fewer active advertisers compared to the prior year, but said performance improved throughout the quarter following sales team expansions.
Advertising Technology & Services revenue surged 57% to $50.9 million. Operating profit for the segment jumped 296% to $6.5 million. Media revenue dropped to $41 million, a 10% decline. The segment posted an operating loss of $2.6 million versus $3 million in operating profit a year earlier. Overall segment operating profit fell 16% to $3.9 million.
Entravision also recorded non-cash charges totaling $48.9 million in the quarter related to the sale of two Mexican television stations and the abandonment of its former headquarters in Santa Monica.
The board approved a quarterly dividend of $0.05 per share, payable June 30 to shareholders of record as of June 16.
