Good Thank Entravision and to everyone Quarter you, XXXX William. First Earnings welcome afternoon Conference Call.
Joining Jeff Liberman, Chris call today and Financial the Vice and Chief Executive Young, me COO; our and Officer. our on President President is
begin, comparable SEC most could you actual the that I call to results. SEC to without in redistribution, available uncertainties measures. Please impact cause in Entravision contain actual written call financial our this the risks to this inform financial are Corporation with a for and refer that will directly The that press the results of statements company to property of has of a website is subject this company’s retransmission, of GAAP of measures consent release must and we any include express The conference any will call these Before non-GAAP forward-looking on uncertainties and that release. provided non-GAAP on is X-K. risks This Entravision form Communications filings list rebroadcast measures call Corporation reconciliation the is could Form filed Also, press Communications was differ. strictly prohibited. their today’s it or
our Our both our digital with in and television first quarter segments. decrease line in at results radio expectations increased segment, by revenue were with our revenues partially offset
to securities approximately be million. total Looking beyond on of the with the versus and environment, general books debt solid business continues million sheet the in balance $XXX our cash marketable $XXX
price shares stock active repurchased back share. million with X.X we of quarter, also per are our the buying $X.XX During at an average approximately in
to to quarterly dividend. continue our to our also shareholders capital return We
$X.X X% in in last which decreased to consolidated million. $X.X our was X% million and million $X.X compared press expenses financial the adjusted year. down were performance. our million flow we Free Now turning quarter. defined was compared EBITDA million Consolidated to into $X.X operating first release $XX.X to Revenues cash
due media capital Entravision’s FCC that more were radio, repack digital He previously the signals. Officer. Karl Integrated Entravision's several for Executive advertising of for the Angeles XX-year Chief as quarter of agency we Vice to Marketing and President, Solutions veteran later from this two the new to and extensive Entravision's radio is General announce XXXX, of expenditures first pleased with television, Karl President television XXXX Manager Monday a experience. year’s a as past in mandated appointed worked times Region. have Entravision cluster to am first Los our Meyer Our Vice Western Revenue quarter I than last of as
to forward are excited have back of and to our his revenue Karl and look teams We leadership goals.
spectrum revenues usage agreement segment to period. year. to our the non-advertising from consent due primarily totaled million quarter, telecom results. operator revenue quarter a and prior arising advertising X%, to primarily lower operating local retransmission the to Revenue from spectrum rights X% down was during XX% with quarter. year’s television local advertising Turning quarter leasing the Television sales. were to up and revenue was compared was XX% during compared service down while first National non-advertising first quarter during advertising first Retransmission up related revenues $X.X generated the a X% Revenue last initiatives. during first revenue decreased from first local the
both flat Tier X in advertising offset expenditures approximately revenues, Tier an X% represented by and rights and XX% revenues down XX% and of total X advertising saw were usage television declines the our of quarter. were Tier for up increase X. with advertising segment revenue. We that in political Automotive and TV was national spectrum core television our X% during local retransmission X% Excluding down
quarter the first we XX the and paid increased media, the added of Overall, to quarter spot Cola, approximately and producing XX our are leisure restaurants. top than the automotive, spent totaled last AT&T-DirecTV. and brands which Systems, quarter, the included $XXX,XXX for new in advertising double the and we who travel saw compared particularly programming television XX quarter were Adventist markets to growth digit first new during Coca General of during in declines Notable in XX% XX%, quarter, that year. Retail, revenue. a Beyond advertising increase up three categories which X%, first soft groceries more top generated advertisers Health our $XX,XXX in returning categories first
ratings to Turning performance. our
in February built market upon affiliates their the television XXXX suites. Univision leadership Our
two in XX head-to-head of to competitors among have the competition markets their In XX competition tie. ties. finished Univision Telemundo out one among ahead news, in head-to-head plus Telemundo competitor ahead news, to television markets XX our local where we local we plus markets early XX, of have XX adults For where late XX stations XX we and finished adults of XX
two local number English and XX or markets. Additionally, ranked in against are competitors our newscasts one early Spanish
During our compared plus UniMás X combined a persons, plus. to a Univision cumulative in markets X.X X of X.X combined Telemundo’s week, full million have our and persons audience million
of viewers in We consistent with footprint, this having quarters. XX% our more than that and that I advantage that hold have to we add over past more Telemundo want XX% to Telemundo audiences
top least adults in programs XX than in XX to adults the networks XX. XX top XX to XX Premios to Nuestro nine XX night XX, prime at show XX to the in four we markets. weekday among the among on nine markets one markets comparing ranked award the to respectively. adults and to seven Telecast February adults among XX. had when big XX stations among Among Univision’s and Lo all among adults time total, in among and higher XX of In show markets XX time XX for to and XX XX rating music During XX markets for was XXXX prime the
the X in revenues decline were compared quarter categories Tier which us were in X%, year. with of totaled the added revenue. decreased who declined compared increased by quarter, spend new during increase. Tier in revenues their retail approximately advertising restaurants in our and double Turning advertisers last audio first into for for Automotive, X% quarter up [indiscernible] approximately business saw represented of Automotive X% was programming new $XX,XXX soft prior to the XX quarter. in brands quarter City Downtown media quarter advertising producing national and during revenue spent particularly Audio Distributors. categories X% that our Shoreline to the Local digit saw of services $XXX,XXX advertising an XX% our and and and paid year. audio declines increasing Travel audio first segment audio and ad Advertising three X% the by division. Overall, expenditures increase the XX% leisure of and down our the audio total X. XX LA, Tier during Beverage year-over-year, offset the were Notable first which an X and We were Nissan first quarter revenue. minus more in than first included top
to XX six stations audio show amongst is adults markets Hispanics performance one our Looking Hispanics number XX two our stations, among Hispanic XX more XX. Hispanic in XX. XX at to among Across y of to radio number XX La reached division. adults, four winter or five O&O XXXX in ranked Ratings released than to Erazno for markets our for Erazno and one Spanish Chokolata La XXX,XXX XX winter Chokolata six language number and y
Entravision strategic During and José change, combined a and format. the in in KLYY-FM, Los create this successful KSSD-FM we Angeles the first With super position Angeles the quarter, solidifies under KSSC-FM, to Los market. station its
Spanish station ranked one KLYY results April Earlier José language perform the for in as and week, Spanish adults better quarter four José this this PM radio see midday, in we drive-time. adults XX Looking release from XX XX Angeles continuous tied a top averages, drive. XX, Nielsen AM at in one to five our format morning drive-time Los and to cluster. continues number top released success, number Hispanic to is among first during With should afternoon its drive, Hispanic number and station in XXXX five ratings during a language
LA been engine radio cluster pulling the Our our historically has assets.
expect the We business audio coming quarters. see in to improve our
Now, business. let's move over to our digital
last digital versus period revenues first decreased XX% Our the same quarter year.
digital declined QX. anticipated greater in than Our revenue
the including businesses and selective headway digital was a versus to period particularly about three, growth focus comparable the that year more increased year, was digital from last transactions. low-margin pursues being on margins. flow in the advertising decrease our transactions due QX in to our Last through of order cash in therefore revenue more driving focused revenue one enhance in there on Some producing greater quarters
the Smadex digital of global best trend finds anticipated the to are programmatic out mobile-first relevant our transactions and the recent was an expense in ranking audiences a app advertisers digital programmatic have filtering advertising optimized quality mobile optimizes recently reengagement. higher app Smadex, also moving a the decrease advertising a Smadex A the when user its performing of that accelerated of we of We quality first in long-term growth. second while audiences acquisition retention The to recognized platforms value Smadex Kochava revenue measurement objective acquisitions and We acquired in the digital user our the XXXX. mobile in and for focus DSP, traffic. in excellent DSP, discovery advertisers’ the of and shifted is revenue earning fully programmatic audience not result the high is engine platform users, with months. in margin quarter globally platform and category for for was at by mobile revenue first over business of shift goals. this score engagements of middle to
in headway as programmatic with technology We business integrate our quarters, are Smadex we in the coming continued Smadex’ the to grow will offering. confident
at of and value mobile the shows advertisers trends in interest devices center and television micro from moments stages to on consumption Client of chain shifting keep strategies. interaction As reaching digital to different marketing an users radio. feedback platforms increasing evolve, the
in Entravision and one mentioned for past to channel journey. another it holistic provide advertisers a is needs. and marketing solutions unique anticipate starting their position calls, to their to was a customers moving in As in are approach that omni-channel brands looking in
On these the digital influencer side, marketing. include solutions
countries on Argentina, our desired of Colombia. to three We provide audiences. are to with with ways way more expanding engage new and their We focusing in reaching customers marketing influencer new Mexico, by marketers authentic can platform
to basis. support targeting business, network influencer our expand consumers. driving are better soon quarter to by our plans results on Latino a U.S. core Out-of-home growth have solutions We quarter
through initiative Claro, product consumers mix as advertising currently improve as such America. helping hubs. airports our on such in our to is Bimbo, successful business Toyota, Performance. this As Coca-Cola launched reach platform Latin various outdoor campaigns and screens out-of-home us – outdoor
Our with goals. marketers their Personalization a perfect mix mobile provides marketing. our app content offering promotion combined reach business desired content for when to
crucial insights methodology is campaigns. a touch terrestrial drive order and that better it attribution enhance As events is points, and keep understand our key is engagement. content, for model. This solution, our and technology points. core bombarded Attribution to support properties. we touch consumers our successful are and data to personalize omni-channel assign our that identify with allows clear Entravision across to both able a to digital have multiple follow growth to key provide to Complement we driving to consumption experiences with value provides more are leveraging it In to us business.
million sites With is appealing social across developed million and quarter, our first We operated creating views during we XX audience. that owned and original the X,XXX methodology, XX.X footprint. previous our stories media produce times data-driven content on reviewed our mentioned which the video are to
audio XXX,XXX compared million hours to the users and unique X.X delivered our saw audio XX% the through our previous mark. Regarding footprint O&O business, quarter digital in increase reached when we digital a hitting
significant of business in audio Entravision committed is as We strategic same in the a our and during is unit, growth the ties strengthening communities. – to the increase audio same of also tripled due the XXXX. AudioEngage which local saw quarter to partnerships quarter established revenue our demand, quarter. programmatic the the This our with
offering. for perfect media a compliment are platforms current our local media Social
by to compliment data-driven growing keeps Instagram, Twitter. across acquisitions, Entravision core and footprint fans business quality will reaching communities. development through further improved million platform its new the content expanding continue and with engage digital its to XX.X the Our steadily technology, Facebook, our of
quarter. second for pacings our to now Turning
television five plus the Our quarter. is currently in second business pacing
managing In we second pacing X%. our further revenue in with summary, our were versus business revenues on the pacing for line and proactively in our first Digital quarter largely in Our year. cost. and reach targeting strategy remain track build X% plan our results total in All while the audio pacing minus for XX% is a is company are currently unique executing on down all, audience QX last minus quarter. capabilities to our
strategy, committed maximizing I platforms enhancing of numbers. our assets, to the strategically invest for our As cash in the Young our remain our our we to and digital and Chris the benefit we over now through platform distribution and content and execute flows turn multi take our call performance shareholders. will you to
