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Entravision Communications Corp . (NYSE:EVC), a media company with a market capitalization of $188 million and strong liquidity position, disclosed in a recent SEC filing several executive changes and outcomes from its annual stockholder meeting. According to InvestingPro data, the company maintains a healthy current ratio of 2.93, indicating solid short-term financial stability. The company, based in Santa Monica, California, entered into a new executive compensation agreement with Juan Navarro, who will continue as Chief Revenue Officer. The agreement, effective May 28, 2025, replaces a previous one from December 2023. It sets Navarro’s base salary at $400,000 annually, with a target bonus of 60% of his salary under the Executive Cash Incentive Bonus Plan. However, he will not receive a cash bonus for 2025, despite the company’s impressive revenue growth of 23.1% over the last twelve months.
Additionally, Navarro signed a participation agreement to join the Executive Severance and Change in Control Plan as a Group II executive. If terminated before December 31, 2026, he will be considered a "covered executive" for severance calculations.
The filing also detailed the results of the annual meeting held on May 29, 2025. Stockholders elected eight directors to serve until 2026, ratified Deloitte & Touche, LLP as the independent auditor for 2025, and approved the executive compensation plan in a non-binding vote. The meeting had a quorum with 72,417,988 shares present, out of 81,623,559 eligible to vote.
This information is based on a press release statement from Entravision Communications Corp. Based on InvestingPro’s Fair Value analysis, the stock currently appears slightly undervalued, presenting a potential opportunity for investors interested in dividend-paying media stocks.
In other recent news, Entravision Communications reported a 17% increase in consolidated revenue for Q1 2025, reaching $91.85 million. Despite this growth, the company posted an earnings per share of -$0.53 and an operating loss of $3.9 million. The Ad Tech and Services segment experienced a significant 57% revenue surge, contributing to the overall positive revenue performance. However, the Media segment saw a 10% decline in revenue, presenting ongoing challenges. Entravision’s efforts to improve financial efficiency were evident with a 36% reduction in corporate expenses. The company ended the quarter with $78 million in cash and securities, while carrying $187.8 million in indebtedness under its credit facility. Analysts have not provided any recent upgrades or downgrades, but Entravision continues to focus on digital transformation and cost management. The company plans to maintain its dividend and continue investing in technology and sales capacity.
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