secwatch.observer — SEC 8-K summary
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Issuer:     Townsquare Media, Inc. (TSQ)
CIK:        0001499832
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001499832-23-000058
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Townsquare Q1 net revenue $103.1M, net loss $1.9M; digital ad +15.4%
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- Net revenue $103.1M (+2.9% YoY); net loss $1.9M vs net income $2.7M in Q1 2022.
- Adjusted EBITDA $19.4M (-11.9% YoY); diluted loss per share $(0.14), adj net income per share $0.08.
- Digital Advertising net revenue up 15.4% to $33.7M; Broadcast Advertising down 4.8% to $45.7M.
- Q2 2023 guidance: net revenue $120-122M, Adj EBITDA $28-29M; full year 2023 reaffirmed $450-470M rev, $100-110M Adj EBITDA.
- Quarterly dividend $0.1875/share (payable Aug 1, record June 30); repurchased $12.2M of 2026 notes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1499832/000149983223000058/0001499832-23-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1499832/000149983223000058/tsq-20230510.htm
  HTML page:      https://secwatch.observer/filing/0001499832-23-000058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer