LOS ANGELES — When it comes to the net revenue achieved by Entravision Communications during the final three months of 2024, there’s some good news. Media revenue gained 30% year over year. That said, the percentage of Advertising Technology & Services revenue growth was a robust 49%, putting consolidated net revenue for the multimedia company at $106.96 million, rising from $78.26 million.
That said, Entravision’s cost of revenue, direct operating expenses, and “selling, general and administrative expenses” were on the rise. Add in a hefty impairment charge, and Entravision saw its net loss widen in Q4.
