PURCHASE, N.Y., Oct. 01, 2025 (GLOBE NEWSWIRE) -- Townsquare Media, Inc. (NYSE: TSQ) (“Townsquare” or the “Company”) announced today details related to its conference call to discuss third quarter financial results as well as Townsquare’s participation in an upcoming investor conference. Third Quarter 2025 Conference CallThe Company will release third quarter 2025 financial results before the market opens on Monday, November 10, 2025. The Company will host a conference call to discuss certain third quarter ...

Company Overview & Strategy - Townsquare is a community-focused digital and broadcast media and digital marketing solutions company, primarily focusing on underserved small and mid-sized local markets outside the Top 50 markets in the U S[12] - The company has transformed into a Digital First Local Media Company, with over 55% of profit and revenue in the first half of 2025 sourced from digital advertising divisions and subscription digital marketing solutions[12] - The company's digital audience is approximately 5 times the size of its terrestrial radio audience[12] Financial Performance & Metrics - As of June 30, 2025, the Last Twelve Months (LTM) net revenue was $447 million and adjusted EBITDA was $101 million[16] - LTM digital net revenue reached $239 million, contributing to 53% of total net revenue and 52% of segment profit[18] - Digital subscription solutions (Townsquare Interactive) accounted for 18% of LTM total revenue and 26% of adjusted EBITDA as of June 30, 2025[18] - The company announced a quarterly dividend of $0 20 per share, representing an approximate 12% dividend yield as of August 5, 2025[17] Digital Segment Details - Digital Advertising segment's LTM net revenue was $162 million with a segment profit of $41 million, representing a 26% profit margin[24,63] - Subscription Digital Marketing Solutions segment's LTM net revenue was $76 million with a segment profit of $23 million[24,69] Broadcast Segment Details - Broadcast Advertising segment's LTM net revenue was $189 million with a segment profit of $49 million, representing a 26% profit margin[27] - The company's AM/FM terrestrial broadcast reaches 50% of adults in its local markets[42]

Core Insights - Townsquare Media, Inc. reported a net revenue of $115.4 million for Q2 2025, a decrease of 2.3% year-over-year, while net income improved to $2.0 million from a loss of $48.9 million in the same period last year [2][5][11] - Digital revenue accounted for 55% of total net revenue and 56% of segment profit in the first half of 2025, with a year-over-year increase of 4.1% [2][5][12] - The company has approved a quarterly cash dividend of $0.20 per share, reflecting a yield of approximately 12% based on the last closing price [3] Financial Performance - Total net revenue for the first half of 2025 decreased by 1.7% to $214.1 million compared to $217.9 million in the same period in 2024 [14] - Adjusted EBITDA for Q2 2025 increased by 0.7% to $26.4 million, while for the first half of 2025, it rose by 1.8% to $44.6 million [13][17] - The company repurchased $10 million of debt in Q2 2025 and $13 million since the refinancing in February 2025 [1][12] Segment Analysis - Digital Advertising segment revenue increased by 2.4% to $42.5 million in Q2 2025, while Subscription Digital Marketing Solutions revenue rose by 1.4% to $18.8 million [9][35] - Broadcast Advertising revenue decreased by 9.2% to $48.7 million in Q2 2025, attributed to reduced advertising purchases by clients [9][12] - Total Digital Segment Profit increased by 4.3% in Q2 2025 compared to the previous year [5][12] Guidance and Future Outlook - For Q3 2025, net revenue is expected to be between $106.5 million and $108.5 million, with Adjusted EBITDA projected between $22.0 million and $23.0 million [8] - For the full year 2025, net revenue is anticipated to be between $435 million and $440 million, with Adjusted EBITDA expected between $90 million and $94 million [8] Capital Structure and Liquidity - As of June 30, 2025, the company had $3.2 million in cash and cash equivalents and $467.1 million in outstanding debt, resulting in a gross leverage ratio of 4.62x [18] - The company has maintained financial flexibility due to strong cash generation and successful refinancing earlier in the year [2][12]

Company Overview - Townsquare Media, Inc. is a community-focused digital and broadcast media and digital marketing solutions company primarily targeting markets outside the top 50 in the U.S. [4] - The company operates Townsquare Ignite, a digital advertising division that utilizes proprietary programmatic advertising technology and a portfolio of over 400 local news and entertainment websites and mobile apps [4] - Townsquare Interactive provides subscription digital marketing services to small and medium-sized businesses (SMBs), offering a SaaS business management platform, website design, SEO, and other digital services [4] Financial Results Announcement - Townsquare Media will release its second quarter 2025 financial results before the market opens on August 6, 2025 [1] - A conference call to discuss the financial results will take place on the same day at 8:00 a.m. Eastern Time [1] - The conference call can be accessed via a dial-in number and will also be available as a live webcast on the company's investor relations page [2] Conference Call Details - The dial-in number for the conference call is 1-800-717-1738 for U.S. and Canada, and 1-646-307-1865 for international participants [2] - A telephone replay of the conference call will be available until August 13, 2025, with specific numbers provided for access [3] - A web-based archive of the conference call will also be accessible on the investor relations page of the company's website [3]

Company Overview - Townsquare is a community-focused digital and broadcast media and digital marketing solutions company, primarily operating outside the top 50 US markets[8, 12] - The company has transformed into a Digital First Local Media Company, with over 50% of profit and revenue from digital advertising divisions and subscription digital marketing solutions[12, 23] - Digital platforms have reached all-time record audience levels, with the digital audience being approximately 5 times the size of the terrestrial radio audience[12] Financial Performance - LTM (Last Twelve Months) as of March 31, 2025, net revenue was $450 million and adjusted EBITDA was $101 million[16] - Digital net revenue for LTM as of March 31, 2025, reached $237 million, contributing to 53% of net revenue and 51% of segment profit[18] - Digital subscription solutions (Townsquare Interactive) accounted for 17% of total revenue and 25% of adjusted EBITDA for LTM as of March 31, 2025[18] - The company announced a quarterly dividend of $020 per share, or $080 on an annualized basis, representing approximately a 12% dividend yield as of May 7, 2025[17] Digital Growth and Strategy - Digital revenue has grown at a compound annual growth rate (CAGR) of 13% year-over-year since 2016[51] - The company's owned and operated digital brands have grown their audience by over 50 times since 2011, reaching approximately 58 million monthly unique visitors[63] - Townsquare Interactive has a total addressable market of approximately 88 million target customers, representing a $32 billion market[72, 77]

Core Insights - Townsquare Media, Inc. reported its financial results for Q1 2025, indicating a slight decline in net revenue but an increase in Adjusted EBITDA, reaffirming its full-year guidance for 2025 [2][6][10]. Financial Performance - Net revenue for Q1 2025 decreased by 1.0% year-over-year to $98.7 million, with a 0.5% decline when excluding political revenue [5][7]. - Adjusted EBITDA increased by 3.5% year-over-year to $18.1 million, exceeding guidance [10][12]. - Net income reported a loss of $1.5 million, a decrease of $3.1 million compared to the previous year [9][24]. Segment Performance - Digital net revenue increased by 6.4% year-over-year, with Digital Advertising net revenue up by 7.6% and Subscription Digital Marketing Solutions net revenue up by 4.2% [12][28]. - Broadcast Advertising net revenue decreased by 9.1% year-over-year [7][28]. Guidance and Future Outlook - For Q2 2025, net revenue is expected to be between $114 million and $116 million, with Adjusted EBITDA projected between $25 million and $26 million [6]. - Full-year 2025 guidance for net revenue remains between $435 million and $455 million, and Adjusted EBITDA between $90 million and $98 million [6]. Capital Structure and Dividends - The Board of Directors approved a quarterly cash dividend of $0.20 per share, reflecting a yield of approximately 12% based on the last closing price [3]. - The company successfully refinanced its debt in February 2025, extending maturities to 2030 and enhancing financial flexibility [2][12].

Company Overview - Townsquare Media, Inc. is a community-focused digital and broadcast media and digital marketing solutions company primarily targeting markets outside the top 50 in the U.S. [4] - The company operates Townsquare Ignite, a digital advertising division that utilizes proprietary programmatic advertising technology and a portfolio of over 400 local news and entertainment websites and mobile apps [4]. - Townsquare Interactive provides subscription digital marketing services to small and medium-sized businesses (SMBs), offering a SaaS business management platform, website design, SEO, and other digital services [4]. Upcoming Financial Results - Townsquare Media will release its first quarter 2025 financial results before the market opens on May 8, 2025 [1]. - A conference call to discuss these results will take place on the same day at 8:00 a.m. Eastern Time [1]. - The conference call can be accessed via a dial-in number and will also be available as a live webcast on the company's investor relations page [2].