EVC Overview

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.

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.

Entravision's Campaign: Entravision has launched a new PSA campaign titled "Votando Unidos, Estamos Unidos" in California to increase Latino voter turnout for the November 4th Special Election, focusing on the redistricting ballot initiative.

Civic Engagement Goals: The initiative aims to raise awareness and deepen civic understanding among the Latino community, emphasizing the importance of their votes in shaping the future of their communities and the state.

Financial Results Announcement: Entravision will release its Q1 2025 financial results on May 8, 2025, followed by a conference call at 2 p.m. PT/5 p.m. ET to discuss the results and answer questions.

Company Overview: Entravision is a media and advertising technology company focused on Latino audiences, operating television and radio stations, as well as digital advertising services, with shares traded on NYSE under ticker EVC.

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.

Television & Radio Stocks Performance: Television and radio shares have shown relative strength, increasing by approximately 0.8%, with Gray Media rising by 4.6% and Entravision Communications by 4.1% on Monday.

Market Commentary Disclaimer: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.