---
schema_version: "secwatch.filing_event.v1"
accession: "0001499832-22-000044"
form_type: "8-K"
ticker: "TSQ"
cik: "0001499832"
company_name: "Townsquare Media, Inc."
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:37:32.539499+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Townsquare Q1 revenue and EBITDA set records; digital now 51% of revenue

## Summary
- Net revenue rose 12.9% YoY to ~$100.6M; Adjusted EBITDA up 9.8% to $22.1M, both Q1 records.
- Digital revenue grew 15.9% to $51.1M (51% of total); digital adjusted operating income was 55% of total.
- Net income improved to $2.7M from a loss of $6.1M; Townsquare Interactive added ~1,050 net subscribers.
- Net leverage at 4.66x; expects to reduce to 4.0x by year-end. Reaffirmed FY 2022 revenue guidance of $460-475M.
- Announced accretive acquisition of Cherry Creek Broadcasting LLC for $18.75M.

## SEC filing metadata
- accession: 0001499832-22-000044
- form_type: 8-K
- ticker: TSQ
- cik: 0001499832
- company_name: Townsquare Media, Inc.
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499832/000149983222000044/0001499832-22-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499832/000149983222000044/tsq-20220510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001499832-22-000044
- JSON: https://secwatch.observer/filing/0001499832-22-000044.json
- Plain text: https://secwatch.observer/filing/0001499832-22-000044.txt

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