NYSE$EVC

Entravision Communications-A · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Entravision saw revenue increase driven by digital segment growth, but profitability metrics declined.

Entravision Communications Corporation reported a 21% increase in net revenue for the first quarter of 2023, driven primarily by growth in the digital segment. However, consolidated EBITDA and free cash flow decreased compared to the prior-year quarter.

  • Net revenue increased by 21% year-over-year.
  • Net income attributable to common stockholders increased by 8% year-over-year.
  • Digital segment led growth, offsetting declines in television and audio segments.
  • Company entered into a $275 million credit facility.

Headline financials

Total Revenue

$239M

Previous: $197M+21.2%
EPS (adj)

$0.02

Previous: $0.02+0.0%
Capital Expenditures

-$6.75M

Previous: -$1.55M-336.3%
Free Cash Flow

-$5.05M

Previous: $340K-1585.6%
Net Income

$1.7M

Previous: $1.89M-10.0%
Operating Income

$6.67M

Previous: $4.17M+60.1%
Gross Profit

$71.3M

Previous: $67.3M+5.9%
Cash & Equivalents

$141M

Previous: $127M+11.8%
Total Assets

$878M

Previous: $862M+1.9%
Stock-Based Comp

$4.05M

Previous: $2.57M+57.5%

Revenue & EPS history

Entravision · Revenue · Quarterly

$239M

Q1 2023+21.2%vs Q1 2022
Beat estimate in 5 of 10 quarters(50%)
ActualEstimate

Forward guidance

Entravision is focused on expense management and will seek opportunities, including acquisitions, that will enhance digital offerings and strengthen ability to compete internationally.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

-0.5%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+4.0%

Avg return

30 days after

55%

32 / 58 earnings

Positive

+15.8%

Q4 2025

Best reaction

-51.1%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.7%+88.4%+138.9%
Q4 2025+15.8%-3.0%+0.0%
Q3 2025+2.1%+5.6%-4.2%
Q1 2025+0.0%+2.1%+9.5%
Q4 2024-16.8%-9.6%-7.2%
Q3 2024-3.7%+3.7%-3.7%
Q2 2024+1.1%-1.6%+6.6%
Q1 2024+3.2%-3.7%-0.9%
Q4 2023-51.1%-59.3%-48.6%
Q3 2023+12.3%+6.6%+12.8%
Q2 2023-17.7%-19.4%-19.2%
Q1 2023-8.7%-21.5%-29.4%
Q4 2022-6.1%-5.0%-13.0%
Q3 2022+8.2%+6.5%+15.8%
Q2 2022+2.3%+1.2%-6.6%
Q1 2022-16.1%-14.0%-1.3%
Q4 2021-4.1%-6.2%-1.8%
Q3 2021+2.9%-1.0%-17.4%
Q2 2021+15.1%+25.1%+26.9%
Q1 2021-3.1%-5.8%+10.9%
Q4 2020+11.5%+16.2%+5.8%
Q3 2020+1.6%+25.7%+65.8%
Q2 2020+3.0%+1.5%+11.9%
Q1 2020+10.8%+0.0%+43.8%
Q4 2019+0.0%+11.7%-23.9%
Q3 2019+1.7%+1.4%-3.8%
Q2 2019-8.5%-8.5%-2.3%
Q1 2019+4.1%+6.1%-4.8%
Q4 2018+10.5%+5.1%+3.0%
Q3 2018-17.1%-31.5%-41.0%
Q2 2018+4.5%+7.9%+18.0%
Q1 2018-8.3%-13.5%-11.5%
Q4 2017-19.8%-26.2%-23.8%
Q3 2017-2.9%+8.6%+41.0%
Q2 2017-4.5%-9.1%-14.4%
Q1 2017-4.2%-1.7%+0.0%
Q4 2016+9.9%+11.7%+11.7%
Q3 2016-6.3%-7.8%+3.9%
Q2 2016+5.5%+7.9%+7.3%
Q1 2016-1.9%
Q4 2015-1.2%
Q3 2015+2.7%
Q2 2015+8.0%
Q1 2015+1.2%
Q4 2014+0.0%
Q3 2014+2.2%
Q2 2014-13.6%
Q1 2014-4.2%
Q4 2013+8.9%
Q3 2013-5.6%
Q2 2013+14.6%
Q1 2013+7.2%
Q2 2012+12.1%
Q4 2012+4.7%
Q3 2012+1.4%
Q4 2011+7.5%
Q2 2011+7.5%
Q3 2011-9.8%

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