Entravision Communications is trading 10.73% down now at $10.45 after management warned that Advertising Technology & Services growth may slow sequentially over the next two quarters.
- Q2 revenue increased 126% to $227.9 million, while adjusted EPS reached $0.19.
- The Media segment declined 1% and posted an operating loss.
- The decline is company-specific rather than market-driven, as forward growth concerns outweighed the headline earnings beat.