---
schema_version: "secwatch.filing_event.v1"
accession: "0001499832-23-000084"
form_type: "8-K"
ticker: "TSQ"
cik: "0001499832"
company_name: "Townsquare Media, Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T21:53:08.184393+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Townsquare Q2 revenue flat at $121M, net loss of $2.7M; Digital Advertising revenue up 11% YoY

## Summary
- Q2 net revenue $121.2M (-0.6% YoY); Adjusted EBITDA $28.6M (-11.6% YoY); net loss $2.7M vs net income $4.9M last year.
- Digital Advertising segment net revenue +10.6% YoY to $41.5M; segment profit +29.6% YoY with 35% margin.
- Board declares $0.1875 dividend payable Nov 1, 2023, record Oct 2, 2023.
- Repurchased 1.6M shares at avg $9.79 and $12.9M of secured notes below par in H1.
- Q3 guidance: revenue $115-117M, Adj. EBITDA $27-28M; full year reaffirmed $450-470M revenue, $100-110M Adj. EBITDA.

## SEC filing metadata
- accession: 0001499832-23-000084
- form_type: 8-K
- ticker: TSQ
- cik: 0001499832
- company_name: Townsquare Media, Inc.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499832/000149983223000084/0001499832-23-000084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499832/000149983223000084/tsq-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001499832-23-000084
- JSON: https://secwatch.observer/filing/0001499832-23-000084.json
- Plain text: https://secwatch.observer/filing/0001499832-23-000084.txt

## Key facts
- Earnings Releases
  Townsquare Media, Inc. reported second quarter ended June 30, 2023 results: revenue $121.2 million. Guidance reaffirmed.
  - Period: second quarter ended June 30, 2023
  - Revenue: $121.2 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: as we delivered second quarter net revenue and Adjusted EBITDA that met our previously issued guidance. In the second quarter, net revenue decreased -1% year-over-year to $121 million (and was flat year-over-year excluding political revenue), and Adjusted EBITDA decreased -12% year-over-year to $29 million. In total, year-to-date Digital net revenue increased
  evidence_url: https://www.sec.gov/Archives/edgar/data/1499832/000149983223000084/0001499832-23-000084-index.htm

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