Entravision Communications: 2Q Earnings Snapshot
SANTA MONICA, Calif. (AP) _ Entravision Communications Corp. (EVC) on Tuesday reported a second-quarter loss of $16.3 million, after reporting a profit in the same period a year earlier.
The Santa Monica, California-based company said it had a loss of 19 cents per share. Earnings, adjusted for asset impairment costs, came to 7 cents per share.
The Spanish-language media company posted revenue of $69.2 million in the period.
In the final minutes of trading on Tuesday, the company’s shares hit $3.17. A year ago, they were trading at $4.80.