Entravision Communications Corporation Reports Fourth Quarter and Full Year 2024 Results
Financial Performance: Entravision Communications Corporation reported a 37% increase in net revenue for Q4 2024 and a 23% increase for the full year, driven by record political advertising and growth in their Advertising Technology & Services segment.
Operational Highlights: The company made significant investments in local news programming and realigned its sales management structure to enhance media sales, while also declaring a quarterly cash dividend of $0.05 per share for shareholders.
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Teradata Shares Surge Approximately 15%; Check Out 20 Stocks Making Moves in Premarket Trading
Teradata Corp Performance: Teradata Corp's shares rose 14.6% in pre-market trading after reporting third-quarter earnings of 72 cents per share, exceeding the analyst estimate of 54 cents, and raising its FY25 EPS guidance above expectations.
Other Notable Gainers: Several stocks saw significant pre-market gains, including SMX (up 70%), Nuvve Holding (up 41.3%), and Babcock & Wilcox (up 29.1%), driven by positive financial results and strategic announcements.
Major Losers: Biohaven Ltd experienced a sharp decline of 46.2% after receiving an FDA Complete Response Letter, while Trex Company Inc fell 31.9% due to disappointing earnings and lowered sales guidance.
Market Overview: The pre-market trading session showed a mix of gains and losses across various stocks, with notable movements in both directions reflecting recent earnings reports and company announcements.
Significant Options Trading on Thursday: HIMS, GRMN, EVC
Garmin Options Activity: Garmin Ltd (GRMN) has seen a trading volume of 5,066 options contracts today, equating to about 506,600 underlying shares, which is 60.8% of its average daily trading volume over the past month. Notably, the $210 strike call option expiring on September 19, 2025, has had 2,165 contracts traded.
Entravision Options Activity: Entravision Communications Corp (EVC) has recorded a volume of 1,155 options contracts today, representing approximately 115,500 underlying shares, or 60.4% of its average daily trading volume. The $2.50 strike call option expiring on February 20, 2026, has seen 1,085 contracts traded.
