secwatch.observer — SEC 8-K summary
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Issuer:     Townsquare Media, Inc. (TSQ)
CIK:        0001499832
Form:       8-K
Filed at:   2024-03-15T23:59:59+00:00
Accession:  0001499832-24-000033
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Townsquare Q4 net loss $1.9M, FY net loss $43M; dividend raised 5.3%
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- Full-year net revenue $454.2M (-1.9% YoY); net loss $43M vs net income $14.4M in 2022.
- Total Digital now 51% of revenue; Digital Advertising revenue +7.1% YoY, Broadcast -5.4%.
- Adjusted EBITDA $100M (-12.1% YoY); cash from operations $68M (+35% YoY).
- Quarterly dividend increased to $0.1975/share (+5.3%); payable May 1, 2024 to holders of record Apr 5.
- Repurchased $27.1M of 2026 Secured Senior Notes below par and $17M of common stock in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1499832/000149983224000033/0001499832-24-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1499832/000149983224000033/tsq-20240315.htm
  HTML page:      https://secwatch.observer/filing/0001499832-24-000033

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