ENTRAVISION COMMUNICATIONS CORP

Entravision Communications Corporation held its Annual Meeting on May 28, 2026. Stockholders approved an amendment to the 2004 Equity Incentive Plan, increasing the number of Class A common shares authorized for issuance by 6,000,000. Additionally, seven directors were elected, Deloitte & Touche LLP was ratified as the independent auditor for 2026, and executive compensation was approved on an advisory basis.

Entravision Communications Corporation and Alexandra Seros, along with related trusts, mutually agreed to terminate their Cooperation Agreement on May 18, 2026. The agreement, established in May 2023, involved Entravision nominating the Stockholders' candidate to its board and the Stockholders making specific commitments regarding their company stock ownership. Despite the termination, director Thomas Strickler, who was nominated under the agreement, will continue to serve on the board.

Entravision Communications Corp. reported a significant turnaround in its first quarter 2026 financial results, moving from a net loss to a net income. The company posted net income of $12.36 million, or $0.13 per diluted share, compared to a net loss of $47.97 million, or $(0.53) per diluted share, in the prior year. This improvement was largely driven by a 114% increase in net revenue to $196.97 million and the absence of large impairment and lease abandonment charges incurred in Q1 2025. The company also incurred $1.0 million in restructuring costs during the quarter.