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Entravision Communications reported first-quarter revenue of $196 million, up 114% year-over-year. The company's Advertising Technology & Services segment drove the increase with a 204% revenue jump. Shares surged 85.18% to $7.37 in after-hours trading on Tuesday.
investopedia.com (News photo)Entravision Communications Corp. (NYSE: EVC) shares increased 85.18% to $7.37 in after-hours trading on Tuesday, following the release of its first-quarter 2026 financial results. The California-based media and advertising technology company reported consolidated net revenue of $196 million for the quarter ended March 31, marking a 114% increase from the same period in 2025.
This growth was primarily driven by its Advertising Technology & Services (ATS) segment, which saw revenue rise 204% year-over-year. The ATS segment's operating profit reached $34.3 million, up from $6.5 million a year earlier. In contrast, the Media segment recorded an operating loss of $5.2 million, compared to a $2.6 million loss in the first quarter of 2025.
Corporate expenses decreased by 8% during the quarter.
As of March 31, Entravision held $71.1 million in cash and equivalents, against $162.2 million in long-term debt. CEO Michael Christenson stated that the ATS surge resulted from higher monthly active advertisers. The company's performance reflects ongoing shifts in its business segments, with ATS contributing significantly to overall revenue.
Entravision operates in media and ad-tech sectors, serving markets in the United States and internationally. Further details on quarterly operations and future guidance were not provided in the report.
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