The Tip Desk

Earnings

Entravision Advertising Technology Growth Accelerates

Consolidated net revenue rose 126% to $227.9 million as Advertising Technology & Services revenue reached $182.8 million.

Entravision Communications Corporation (EVC), a media and advertising technology company, reported second-quarter 2026 net revenue of $227.9 million, up 126% from a year earlier, as growth in its Advertising Technology & Services unit accelerated from the first quarter.

Consolidated net revenue growth had been 114% in the first quarter of 2026. Chief Executive Officer Michael Christenson said the ATS segment had higher monthly active advertisers and higher revenue per monthly active advertiser, driven by investments in the AI capabilities of the platform and expanded sales capacity.

ATS net revenue was $182.8 million, up 230% from $55.3 million a year earlier. That compared with 204% year-over-year growth in the first quarter. ATS operating profit was $40.0 million, versus $5.2 million a year earlier.

Media, which provides video, audio and digital marketing services to local and national advertisers in the United States, posted net revenue of $45.1 million, down 1% from $45.4 million a year earlier. That reversed a 4% year-over-year increase in the first quarter. Christenson attributed the decline to lower broadcast advertising revenue and revenue from spectrum usage rights, partially offset by an increase in digital advertising revenue and retransmission fees.

Excluding political revenue, local advertising rose 1% and national advertising fell 19%. Media operating results were a $3.3 million loss, compared with a $0.4 million profit a year earlier.

Combined segment operating profit was $36.7 million, versus $5.5 million a year earlier. Corporate expenses rose 3%, primarily from higher non-cash stock-based compensation. Operating income was $30.0 million, compared with an $0.8 million loss a year earlier.

Net income attributable to common stockholders was $19.7 million, or $0.21 a share, versus a $3.3 million loss, or $0.04 a share, a year earlier.

The company made a $5.0 million scheduled payment on its bank term loan and paid a $4.6 million dividend. Cash and cash equivalents and marketable securities were $83.4 million as of June 30, 2026. Long-term debt and current maturities were $157.3 million. Christenson said the company remains committed to reducing debt and maintaining a strong balance sheet.

The board approved a quarterly cash dividend of $0.05 a share on Class A and Class U common stock, payable September 30, 2026, to shareholders of record as of September 16, 2026.

For the six months ended June 30, 2026, consolidated net revenue was $424.9 million, up 121% from a year earlier. Media net revenue for that period was $87.5 million, up 1%. ATS net revenue was $337.4 million, up 218%. Segment operating profit for the six months was $65.8 million, compared with $9.4 million a year earlier.

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