How did EVC's digital projects impact revenue in Q3 2024?
4/14/2025 06:26pm
Entravision Communications' (EVC) digital projects had a significant impact on the company's revenue in Q3 2024, contributing to the overall revenue of $222.06 million:
1. **Digital Segment Revenue**: The digital segment generated $79.29 million in revenue during Q3 2024, which is a substantial portion of the company's total revenue.
2. **Growth in Digital Segment**: The revenue from the digital segment reflects the success of EVC's digital initiatives, indicating a strong demand for digital services among advertisers and consumers.
3. **Comparison with Other Segments**: When compared to other segments such as media, advertising technology & services, and traditional media like television and radio, the digital segment's revenue highlights the growing importance of digital platforms in the media industry.
In conclusion, EVC's digital projects have been a key driver of revenue in Q3 2024, demonstrating the company's strategic focus on digital services is paying off in a competitive media market.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|EVC|EVC.N|Entravision Communications|20240101-2024|Other|4030000|169|
|EVC|EVC.N|Entravision Communications|20240101-2024|Media|1.6083E8|169|
|EVC|EVC.N|Entravision Communications|20240101-2024|Media|2.77445E8|169|
|EVC|EVC.N|Entravision Communications|20240101-2024|Television|2.8549E7|169|
|EVC|EVC.N|Entravision Communications|20240101-2024|Radio|1.1405E7|169|
|EVC|EVC.N|Entravision Communications|20240101-2024|Digital|2.37491E8|169|