---
schema_version: "secwatch.filing_event.v1"
accession: "0001499832-24-000081"
form_type: "8-K"
ticker: "TSQ"
cik: "0001499832"
company_name: "Townsquare Media, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T05:34:41.880316+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Townsquare Q1 net revenue down 3.4% to $99.6M; digital ads return to growth

## Summary
- Net income of $1.6M vs. $1.9M loss a year ago; diluted EPS $0.06.
- Digital Advertising revenue up 1.3% YoY; Subscription Digital Marketing revenue down 15.3%.
- Adjusted EBITDA $17.5M, down 9.9% YoY; full-year 2024 guidance reaffirmed ($440-460M revenue).
- Quarterly dividend $0.1975/share, payable Aug 1, 2024 to holders of record July 15, 2024.
- Repurchased 0.4M shares in Q1 at avg $10.80; in April repurchased 1.5M shares from MSG at $9.76.

## SEC filing metadata
- accession: 0001499832-24-000081
- form_type: 8-K
- ticker: TSQ
- cik: 0001499832
- company_name: Townsquare Media, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499832/000149983224000081/0001499832-24-000081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499832/000149983224000081/tsq-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001499832-24-000081
- JSON: https://secwatch.observer/filing/0001499832-24-000081.json
- Plain text: https://secwatch.observer/filing/0001499832-24-000081.txt

## Key facts
- Earnings Releases
  Townsquare Media, Inc. reported the first quarter ended March 31, 2024 results: revenue $99.6 million, EPS $0.06. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $99.6 million
  - EPS: $0.06
  - Guidance: reaffirmed
  - Result: reported results
  source text: $27.0 million. For the full year 2024, net revenue guidance is reaffirmed to be between $440 million and $460 million, and Adjusted EBITDA guidance is reaffirmed to be between $100 million and $110 million. Quarter Ended March 31, 2024 Compared to the Quarter Ended March 31, 2023 Net Revenue Net revenue for the three months ended March 31, 2024 decreased $3.5
  evidence_url: https://www.sec.gov/Archives/edgar/data/1499832/000149983224000081/0001499832-24-000081-index.htm

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