Townsquare Media's Q3 Results: Mixed Performance
Update: 2025-11-10
Description
Townsquare Medias Q3 financials show a drop in revenue and earnings, with total revenue at $106.8 million, below analyst predictions and a 7.4% decrease from last year. Adjusted earnings per share were just 5 cents, far less than expected. Despite this, stock saw a small increase. Digital revenue, now half of total income, decreased slightly but grew by 2.1% in the first nine months. Net loss was $5.5 million, contrasting last years profit. Broadcast advertising revenue fell by 13.8% year-over-year. Townsquare expects lower Q4 revenue and has reduced debt but approved a quarterly cash dividend of 20 cents per share.
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