Welcome to our dedicated page for Townsquare Media news (Ticker: TSQ), a resource for investors and traders seeking the latest updates and insights on Townsquare Media stock.
Townsquare Media, Inc. (NYSE: TSQ) is a community-focused digital and broadcast media and digital marketing solutions company that reports and comments extensively on its financial performance and strategic initiatives. This news page aggregates coverage of TSQ, reflecting its activities as a Digital First Local Media Company focused on markets outside the top 50 in the United States.
Investors following Townsquare’s news can expect regular updates tied to quarterly and annual earnings releases, often accompanied by conference call announcements and detailed segment reporting for Digital Advertising, Subscription Digital Marketing Solutions, and Broadcast Advertising. The company frequently issues press releases discussing net revenue trends, Adjusted EBITDA, segment profit, and capital structure developments such as credit agreements, term loan facilities, and debt redemptions.
News about Townsquare also includes information on dividends approved by its Board of Directors, as well as commentary from management on the performance of Townsquare Ignite and Townsquare Interactive. The company highlights the role of digital revenue and profit within its overall results, and its communications often emphasize digital as its growth engine.
In addition, readers may see announcements about investor conference participation, including virtual and in-person conferences where Townsquare’s management presents and holds one-on-one or small group meetings with investors. The company also issues releases on strategic developments, such as digital advertising partnerships through its Media Partnerships division.
By monitoring this TSQ news feed, users can review a continuous record of Townsquare’s publicly released information, including financial updates, strategic commentary, and corporate events that shape the company’s profile in the Information and Radio Networks space.
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Townsquare Media, Inc. (NYSE: TSQ) announced participation in the Channelchek Takeaway Series following the 2023 NAB Show, scheduled for April 27, 2023 at 10:00 AM EDT. The event will feature CEO Bill Wilson providing a corporate overview and a discussion with Noble Capital Markets' Senior Media & Entertainment Analyst, Michael Kupinski. This virtual event is complimentary for investors, with registration available through Channelchek. A replay will be accessible on Channelchek and Townsquare's investor relations page. Townsquare operates over 400 local news and entertainment websites, a subscription-based digital marketing service for 30,650 small and medium-sized businesses, and 357 local radio stations mainly outside the top 50 U.S. markets.
Townsquare Media, Inc. (NYSE: TSQ) announced it will release its first quarter 2023 financial results on May 10, 2023, before market opening. A conference call will take place on the same day at 8:00 a.m. Eastern Time to discuss the financial results. Interested parties can join the call by dialing 1-888-886-7786 (U.S. & Canada) or 1-416-764-8658 (International) with confirmation code 63395425. The event will also be accessible via a live webcast on the Townsquare Media website. A replay will be available until May 17, 2023. This call represents a key opportunity for investors to gain insights into the company's performance and future outlook.
Townsquare Media, Inc. (TSQ) reported strong financial results for 2022, with net revenue increasing by 10.8% to $463.1 million and adjusted EBITDA rising by 8.2% to $113.7 million. Digital revenue grew by 16% year-over-year, making up 50% of total revenue. The company achieved a net leverage ratio of 4.29x, the lowest in its history, alongside a quarterly dividend of $0.1875 per share, effective May 1, 2023. Despite a decrease in net income of 23.4% to $14.4 million due to non-cash impairment charges, Townsquare remains optimistic about its digital-first strategy, projecting revenue to reach at least $275 million by 2024.
Townsquare Media, Inc. (NYSE: TSQ) will release its fourth quarter 2022 financial results on March 9, 2023, before market open. A conference call to discuss these results is scheduled for the same day at 8:00 a.m. Eastern Time. Interested parties can dial in at 1-877-407-0784 (U.S.) or 1-201-689-8560 (International) using the confirmation code 13736640. A live webcast will be available on Townsquare's investor relations page. A telephone replay will be accessible through March 16, 2023.
The company focuses on community digital media and marketing, with services including website design and local radio stations.
Townsquare Media, Inc. reported strong Q3 2022 financial results, showcasing an 8.4% increase in net revenue year-over-year, reaching $120.6 million. Digital revenue grew significantly, with total digital net revenue rising 17% YOY, accounting for nearly 50% of total revenue. Adjusted EBITDA increased 6% to $30.9 million. Net income decreased by $10.1 million to $2.8 million due to impairment charges. The company achieved a record low net leverage of 4.54x. For Q4, net revenue is projected between $116 million and $122 million, indicating continued growth.
Townsquare Media, Inc. (TSQ) announced its plans to release third quarter 2022 financial results on November 9, 2022, before the market opens. A conference call will take place the same day at 8:00 a.m. Eastern Time to discuss the results. Interested parties can join the call using a U.S. or international dial-in number, with replay options available until November 16, 2022. Townsquare Media focuses on community-driven digital media and marketing solutions, operating local radio stations and offering various digital services for small and medium businesses.
Townsquare Media reported strong Q2 2022 results, with net revenue growth of 13.6% year-over-year, reaching $14.6 million. Adjusted EBITDA increased 6.8% to $32.4 million. Digital revenue rose 21%, driven by a 25.4% increase in Digital Advertising revenue. The company reduced net leverage to 4.65x and raised its FY 2022 guidance to $465 million - $480 million. Notably, net income fell by $5.2 million, totaling $4.9 million. The acquisition of Cherry Creek Broadcasting for $18.4 million bolstered their market position.
Townsquare Media, Inc. (TSQ) announced it will release its second quarter 2022 financial results on August 2, 2022, before the market opens. A conference call is scheduled for the same day at 8:00 a.m. Eastern Time to discuss these results. Investors can join the call by dialing 1-877-407-0784 (U.S.) or 1-201-689-8560 (International), using confirmation code 13731436. A replay will be available until August 9, 2022. Townsquare specializes in digital media and marketing solutions with a focus on local radio stations.