---
schema_version: "secwatch.filing_event.v1"
accession: "0001499832-24-000113"
form_type: "8-K"
ticker: "TSQ"
cik: "0001499832"
company_name: "Townsquare Media, Inc."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:42:58.061715+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Townsquare Q2 net loss $48.9M on impairment; revenue down 2.5% YoY, adj. EBITDA -8.3%

## Summary
- Net loss $48.9M vs $2.7M loss in Q2'23, driven by $25.3M tax valuation allowance & impairment charges.
- Net revenue $118.2M (-2.5% YoY); Subscription Digital Marketing Solutions -12.9%, Digital Advertising +1.0%.
- Adjusted EBITDA $26.2M (-8.3% YoY); Q3 guidance: rev $114-116M, Adj. EBITDA $25-27M; FY rev $440-455M, Adj. EBITDA $100-105M.
- Repurchased $13.7M of notes and 1.8M shares at avg $10.13 in Q2; S&P upgraded notes from B to B+.
- Board approves $0.1975/share quarterly dividend payable Nov 1 to holders of record Oct 15.

## SEC filing metadata
- accession: 0001499832-24-000113
- form_type: 8-K
- ticker: TSQ
- cik: 0001499832
- company_name: Townsquare Media, Inc.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1499832/000149983224000113/0001499832-24-000113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499832/000149983224000113/tsq-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001499832-24-000113
- JSON: https://secwatch.observer/filing/0001499832-24-000113.json
- Plain text: https://secwatch.observer/filing/0001499832-24-000113.txt

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