Entravision Communications Corp. (NYSE:EVC) shares surged 85.18% to $7.37 in after-hours on Tuesday, after the California-based media and ad-tech company posted first-quarter 2026 results showing consolidated net revenue up 114% year-over-year with its Advertising Technology & Services (ATS) segment posting a 204% revenue increase.
What Does Q1 Data Say?
Entravision reported revenue of $196 million for the quarter ended Mar. 31. ATS segment operating profit jumped to $34.3 million from $6.5 million a year ago, while the Media segment posted an operating loss of $5.2 million, wider than $2.6 million in first quarter 2025.
Corporate expenses fell 8%. Cash and equivalents stood at $71.1 million against $162.2 million in long-term debt.
CEO Michael Christenson attributed the ATS surge to “higher monthly active advertisers and …
