---
schema_version: "secwatch.filing_event.v1"
accession: "0001499832-21-000086"
form_type: "8-K"
ticker: "TSQ"
cik: "0001499832"
company_name: "Townsquare Media, Inc."
filed_at: "2021-11-02T23:59:59+00:00"
generated_at: "2026-06-28T15:04:05.234407+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Townsquare Q3 net revenue $111.3M (+16.7% YoY), Adj. EBITDA $29.2M (+66.5%); raises FY guidance

## Summary
- Net revenue $111.3M (+16.7% YoY), 99% of Q3 2019; net income $12.9M vs $1.3M YoY.
- Adjusted EBITDA $29.2M (+66.5%); FY2021 guidance raised to at least $415M revenue, $104-105M Adj. EBITDA.
- Digital revenue 47% of total net revenue (ex-political) YTD 2021; Townsquare Interactive +16.2% to $21.1M.
- Net leverage reduced to 4.9x from 7.8x YoY; $550M 6.875% senior secured notes issued.
- Completed repurchase of Oaktree's equity interest at $6.40/security (19% discount to pre-announcement).

## SEC filing metadata
- accession: 0001499832-21-000086
- form_type: 8-K
- ticker: TSQ
- cik: 0001499832
- company_name: Townsquare Media, Inc.
- filed_at: 2021-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499832/000149983221000086/0001499832-21-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499832/000149983221000086/tsq-20211102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001499832-21-000086
- JSON: https://secwatch.observer/filing/0001499832-21-000086.json
- Plain text: https://secwatch.observer/filing/0001499832-21-000086.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.