ENTRAVISION COMMUNICATIONS CORP
Customers
1
0 disclosed
Suppliers
0
None disclosed
Largest customer
—
No % disclosed
Named-customer revenue
—
No estimate available
Latest period
Mar 31, 2024
10-Q filed 2024-05-02
Customers 1
Companies EVC discloses as major customers, as a share of EVC revenue. 0 active, 1 lapsed.
| Company | % of EVC revenue | Est. revenue | Period | Trend | Status | Source |
|---|---|---|---|---|---|---|
| META Meta Platforms, Inc. |
53% | $41.4M | 3M 2024-03-31 | +2.0pp | Lapsed Last seen 2024-03-31 |
10-Q 2024-05-02 |
For the fiscal year ended December 31, 2023 ASP revenue from Meta represented approximately 53% of the Company's consolidated revenue, and 63% of the Company's digital segment revenue. For the fiscal year ended December 31, 2023 ASP revenue from Meta represented approximately 53% of the Company's consolidated revenue.As a result of this communication from Meta, the Company conducted a thorough review of its digital strategy, operations and cost structure, and during the second quarter of 2024 made the decision to dispose of the operations of its EGP business. For the three-month periods ended March 31, 2024 and 2023, ASP revenue from Meta represented approximately 53% and 51%, respectively, of the Company's consolidated revenue, and 62% and 62% of the Company's digital segment revenue, respectively. For the fiscal years ended December 31, 2023 and 2022, revenue from Meta represented approximately 53% and 49%, respectively, of the Company’s consolidated revenue, and 63% and 63%, respectively, of the Company’s digital segment revenue. Additionally, we have been dependent upon one single global media company, Meta, for the majority of our consolidated revenue, which amounted to approximately 53%, 49% and 55% of our consolidated revenue for the years ended December 31, 2023, 2022 and 2021, respectively. | ||||||
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