Earnings release
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Entravision Communications Page 1 of 6 Exhibit 99.1 entravision ENTRAVISION REPORTS SECOND QUARTER 2026 RESULTS BURBANK , CALIFORNIA , August 10 , 2026 - Entravision Communications Corporation ( NYSE : EVC ) , a media and advertising technology company , today announced financial results for its second quarter ended June 30 , 2026 . " Net revenue in our Media segment decreased 1 % in second quarter 2026 compared to second quarter 2025 due to lower broadcast advertising revenue and revenue from spectrum usage rights which were partially offset by an increase in digital advertising revenue and retransmission fees . Local advertising revenue increased 1 % and national advertising revenue decreased 19 % , excluding political revenue , " said Michael Christenson , Chief Executive Officer . " Net revenue in our Advertising Technology & Services segment increased 230 % in second quarter 2026 compared to second quarter 2025. The ATS segment had higher monthly active advertisers and higher revenue per monthly active advertiser . These results were driven by the investments in the AI capabilities of our platform and our expanded sales capacity . " Mr. Christenson continued , " We repaid $ 5 million on our bank term loan in the second quarter of 2026 , and we remain committed to reducing our debt and maintaining a strong balance sheet . " Highlights Entravision reports its operating results for two segments . The Media segment provides video , audio and digital marketing services to local and national advertisers in the U.S. The Advertising Technology & Services ( " ATS " ) segment provides programmatic advertising technology and services to advertisers and mobile app developers on a global basis . Consolidated net revenue increased 126 % for second quarter 2026 compared to second quarter 2025 , and increased 121 % for six - month period ended June 30 , 2026 compared to same period in 2025 . 0 Media segment net revenue decreased 1 % for second quarter 2026 compared to second quarter 2025 , primarily due to a decrease in broadcast advertising revenue and a decrease in spectrum usage rights revenue , partially offset by an increase in digital advertising revenue and an increase in retransmission consent revenue . Media segment net revenue increased 1 % for six - month period ended June 30 , 2026 compared to same period in 2025 primarily due to an increase in digital advertising revenue and an increase in retransmission consent revenue , partially offset by a decrease in broadcast advertising revenue and a decrease in spectrum usage rights revenue . 0 ATS segment net revenue increased 230 % for second quarter 2026 compared to second quarter 2025 , and increased 218 % for six - month period ended June 30 , 2026 compared to same period in 2025 , primarily due to increases in monthly active advertisers and revenue per monthly active advertiser , which were driven by investments we made in the AI capabilities of our platform and increased sales capacity . Segment operating profit was $ 36.7 million for second quarter 2026 , compared to operating profit of $ 5.5 million for second quarter 2025. Segment operating profit was $ 65.8 million for six - month period ended June 30 , 2026 compared to operating profit of $ 9.4 million for six - month period ended June 30 , 2025 . 0 O Media segment operating loss was $ 3.3 million for second quarter 2026 , compared to operating profit of $ 0.4 million for second quarter 2025. Media segment operating loss was $ 8.5 million for six - month period ended June 30 , 2026 , compared to operating loss of $ 2.3 million for six - month period ended June 30 , 2025 . ATS segment operating profit was $ 40.0 million for second quarter 2026 , compared to operating profit of $ 5.2 million for second quarter 2025. ATS segment operating profit was $ 74.3 million for six - month period ended June 30 , 2026 , compared to operating profit of $ 11.7 million for six - month period ended June 30 , 2025 . Corporate expenses increased 3 % for second quarter 2026 compared to second quarter 2025 , primarily due an increase in non- cash stock - based compensation . Corporate expenses decreased 3 % for six - month period ended June 30 , 2026 compared to same period in 2025 , primarily due to a decrease in audit fees and other professional services , partially offset by an increase in non - cash stock - based compensation . The company made a $ 5.0 million scheduled debt payment and paid a dividend of $ 4.6 million in second quarter 2026 .
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Entravision Communications Page 2 of 6 • The company had $83.4 million in cash and cash equivalents and marketable securities and $157.3 million of long-term debt and current maturities of long-term debt as of June 30, 2026. • Entravision’s board of directors approved a quarterly cash dividend to shareholders of $0.05 per share on the company's Class A and Class U common stock. The dividend is payable on September 30, 2026 to shareholders of record as of the close of business on September 16, 2026. Notice of Conference Call Entravision will host a webinar to discuss its second quarter 2026 results on Monday, August 10, 2026 at 5:00 p.m. Eastern Time. The webinar may be accessed on company’s Investor Relations website at investor.entravision.com or via webinar registration. The webinar will also be archived on the company’s Investor Relations website under the Events section. About Entravision Entravision is a media and advertising technology company. In the U.S., we provide video, audio and digital marketing services to local and national advertisers through a portfolio of television and radio stations and digital advertising services that target Latino audiences. Our advertising technology business provides programmatic advertising technology and services to advertisers and app developers on a global basis. Entravision is the largest affiliate group of the Univision and UniMás television networks. The term "Entravision" as used in this press release refers to Entravision Communications Corporation. Shares of Entravision Class A Common Stock trade on the NYSE under the ticker: EVC. Learn more about us at entravision.com. Forward-Looking Statements This press release contains certain forward-looking statements. These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this press release. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that actual results will not differ materially from these expectations, and the Company disclaims any duty to update any forward-looking statements made by the Company. From time to time, these risks, uncertainties and other factors are discussed in the Company’s filings with the Securities and Exchange Commission. For more information, please contact: Mark Boelke Roy Nir Chief Financial Officer and Chief Operating Officer VP, Financial Reporting and Investor Relations Entravision Entravision 310-447-3870 310-447-3870 ir@entravision.com ir@entravision.com # # # (Financial Tables Follow)
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Entravision Communications Page 3 of 6 Entravision Communications Corporation Segment Results (Unaudited) (In thousands) Three-Month Period Six-Month Period Ended June 30, % Ended June 30, % 2026 2025 Change 2026 2025 Change Net revenue Media $ 45,080 $ 45,413 (1)% $ 87,501 $ 86,390 1% Advertising Technology & Services 182,821 55,322 230% 337,371 106,196 218% Consolidated 227,901 100,735 126% 424,872 192,586 121% Cost of revenue Media 6,064 4,651 30% 11,429 7,917 44% Advertising Technology & Services 111,870 33,359 235% 208,459 63,565 228% Consolidated 117,934 38,010 210% 219,888 71,482 208% Direct operating expenses Media 28,753 26,795 7% 56,889 53,345 7% Advertising Technology & Services 21,868 10,917 100% 38,531 19,869 94% Consolidated 50,621 37,712 34% 95,420 73,214 30% Selling, general and administrative expenses Media 10,662 11,006 (3)% 22,014 21,811 1% Advertising Technology & Services 8,351 5,447 53% 15,138 10,148 49% Consolidated 19,013 16,453 16% 37,152 31,959 16% Depreciation and amortization Media 2,881 2,607 11% 5,667 5,577 2% Advertising Technology & Services 703 420 67% 908 927 (2)% Consolidated 3,584 3,027 18% 6,575 6,504 1% Segment operating profit (loss) Media (3,280) 354 * (8,498) (2,260) 276% Advertising Technology & Services 40,029 5,179 673% 74,335 11,687 536% Consolidated 36,749 5,533 564% 65,837 9,427 598% Corporate expenses 6,597 6,375 3% 13,770 14,163 (3)% Impairment charge - - - - 23,673 (100)% Loss on lease abandonment - - - - 25,191 (100)% Restructuring costs - - - 983 - * Foreign currency (gain) loss 301 6 * 544 18 * Other operating (gain) loss (116) - * (116) - * Operating income (loss) 29,967 (848) * 50,656 (53,618) * Interest expense $ (3,146) $ (4,037) (22)% $ (6,461) $ (7,700) (16)% Interest income 606 619 (2)% 964 1,224 (21)% Dividend income 15 1 * 29 1 * Realized gain (loss) on marketable securities 3 3 0% 11 4 175% Gain (loss) on debt extinguishment - (38) (100)% - (38) (100)% Income (loss) before income taxes 27,445 (4,300) * 45,199 (60,127) * Capital expenditures Media $ 2,773 $ 1,970 $ 5,672 $ 4,330 Advertising Technology & Services 397 301 1,395 325 Consolidated $ 3,170 $ 2,271 $ 7,067 $ 4,655
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Entravision Communications Page 4 of 6 Entravision Communications Corporation Consolidated Statements of Operations (Unaudited) (In thousands, except share and per share data) Three-Month Period Six-Month Period Ended June 30, Ended June 30, 2026 2025 2026 2025 Net revenue $ 227,901 $ 100,735 $ 424,872 $ 192,586 Expenses: Cost of revenue 117,934 38,010 219,888 71,482 Direct operating expenses 50,621 37,712 95,420 73,214 Selling, general and administrative expenses 19,013 16,453 37,152 31,959 Corporate expenses 6,597 6,375 13,770 14,163 Depreciation and amortization 3,584 3,027 6,575 6,504 Impairment charge — — — 23,673 Loss on lease abandonment — — — 25,191 Restructuring costs — — 983 — Foreign currency (gain) loss 301 6 544 18 Other operating (gain) loss (116) — (116) — Total expenses 197,934 101,583 374,216 246,204 Operating income (loss) 29,967 (848) 50,656 (53,618) Interest expense (3,146) (4,037) (6,461) (7,700) Interest income 606 619 964 1,224 Dividend income 15 1 29 1 Realized gain (loss) on marketable securities 3 3 11 4 Gain (loss) on debt extinguishment — (38) — (38) Income (loss) before income taxes 27,445 (4,300) 45,199 (60,127) Income tax benefit (expense) (7,759) 800 (13,153) 8,852 Net income (loss) from continuing operations 19,686 (3,500) 32,046 (51,275) Net income (loss) from discontinued operations, net of tax — 163 — (28) Net income (loss) attributable to common stockholders $ 19,686 $ (3,337) $ 32,046 $ (51,303) Basic and diluted earnings per share: Net income (loss) per share from continuing operations, basic $ 0.21 $ (0.04) $ 0.35 $ (0.56) Net income (loss) per share from continuing operations, diluted $ 0.19 $ (0.04) $ 0.32 $ (0.56) Net income (loss) per share from discontinued operations, basic and diluted $ - $ 0.00 $ - $ (0.00) Net income (loss) per share attributable to common stockholders, basic $ 0.21 $ (0.04) $ 0.35 $ (0.56) Net income (loss) per share attributable to common stockholders, diluted $ 0.19 $ (0.04) $ 0.32 $ (0.56) Cash dividends declared per common share, basic and diluted $ 0.05 $ 0.05 $ 0.10 $ 0.10 Weighted average common shares outstanding, basic 92,113,571 90,976,28 8 92,049,87 9 90,976,28 8 Weighted average common shares outstanding, diluted 102,857,60 6 90,976,28 8 99,639,24 7 90,976,28 8
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Entravision Communications Page 5 of 6 Entravision Communications Corporation Consolidated Balance Sheets (Unaudited) (In thousands) June 30, December 31, 2026 2025 ASSETS Current assets Cash and cash equivalents $ 80,794 $ 59,439 Marketable securities 2,587 3,762 Restricted cash 800 797 Trade receivables, net of allowance for doubtful accounts 132,393 94,912 Prepaid expenses and other current assets 23,722 18,974 Assets held for sale 3,635 5,597 Total current assets 243,931 183,481 Property and equipment, net 46,239 44,797 Intangible assets subject to amortization, net 1,744 2,593 Intangible assets not subject to amortization 123,275 123,275 Goodwill 7,352 7,352 Deferred income taxes 3,824 3,823 Operating leases right of use asset 20,766 18,807 Other assets 3,552 3,383 Total assets $ 450,683 $ 387,511 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Current maturities of long-term debt $ 20,000 $ 20,000 Accounts payable and accrued expenses 133,529 91,736 Operating lease liabilities 11,278 9,737 Total current liabilities 164,807 121,473 Long-term debt, less current maturities, net of unamortized debt issuance costs 137,270 147,119 Long-term operating lease liabilities 37,722 36,775 Other long-term liabilities 13,210 12,197 Deferred income taxes 14,116 14,505 Total liabilities 367,125 332,069 Stockholders' equity Class A common stock 8 8 Class U common stock 1 1 Additional paid-in capital 800,167 804,075 Accumulated deficit (715,841) (747,887) Accumulated other comprehensive income (loss) (777) (755) Total stockholders' equity 83,558 55,442 Total liabilities and equity $ 450,683 $ 387,511
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Entravision Communications Page 6 of 6 Entravision Communications Corporation Consolidated Statements of Cash Flows (Unaudited) (In thousands) Three-Month Period Six-Month Period Ended June 30, Ended June 30, 2026 2025 2026 2025 Cash flows from operating activities: Net income (loss) attributable to common stockholders $ 19,686 $ (3,337) $ 32,046 $ (51,303) Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 3,584 3,027 6,575 6,504 Impairment charge — — — 23,673 Loss on lease abandonment — — — 25,191 Deferred income taxes (629) (5,412) (389) (6,879) Non-cash interest 396 404 819 580 Amortization of syndication contracts 99 111 198 221 Payments on syndication contracts (71) (111) (138) (220) Non-cash stock-based compensation 4,323 2,685 7,575 5,298 (Gain) loss on marketable securities (3) (3) (11) (4) (Gain) loss on disposal of property and equipment (113) 2 (26) 6 (Gain) loss on debt extinguishment — 38 — 38 Changes in assets and liabilities: (Increase) decrease in accounts receivable (4,731) 479 (37,413) (9,981) (Increase) decrease in prepaid expenses and other current assets, operating leases right of use asset and other assets 3,320 8,181 (1,156) (1,348) Increase (decrease) in accounts payable, accrued expenses and other liabilities (2,091) 1,764 37,474 808 Net cash provided by (used in) operating activities 23,770 7,828 45,554 (7,416) Cash flows from investing activities: Proceeds from sale of assets 1,892 — 1,892 — Purchases of property and equipment (3,321) (2,161) (6,958) (4,804) Purchases of marketable securities 2 (747) - (965) Proceeds from sale of marketable securities 407 561 1,167 947 Net cash provided by (used in) investing activities (1,020) (2,347) (3,899) (4,822) Cash flows from financing activities: Tax payments related to shares withheld for share-based compensation plans (487) — (1,025) — Payments on debt (5,000) (10,000) (10,000) (10,000) Dividends paid (4,611) (4,549) (9,213) (9,098) Principal payments under finance lease obligation (28) (32) (59) (65) Net cash provided by (used in) financing activities (10,126) (14,581) (20,297) (19,163) Net increase (decrease) in cash, cash equivalents and restricted cash 12,624 (9,100) 21,358 (31,401) Cash, cash equivalents and restricted cash: Beginning 68,970 74,399 60,236 96,700 Ending $ 81,594 $ 65,299 $ 81,594 $ 65,299