Entravision Communications Q2 EPS From Cont. Ops $0.04 Vs $(0.07) Last Year; Net Revenue Increase 12% To $82.654M
Portfolio Pulse from Benzinga Newsdesk
Entravision Communications reported a Q2 EPS from continuing operations of $0.04, compared to $(0.07) last year. The company also saw a 12% increase in net revenue, reaching $82.654 million.
August 08, 2024 | 8:32 pm
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Entravision Communications reported a significant improvement in Q2 EPS from continuing operations, moving from a loss of $(0.07) last year to a profit of $0.04. Additionally, the company experienced a 12% increase in net revenue, reaching $82.654 million.
The significant improvement in EPS from a loss to a profit, along with a notable increase in net revenue, indicates strong financial performance. This is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100