Townsquare Q4 net revenue +2.6% to $117.8M, Adj EBITDA +25.8%; dividend raised 1.3%

Townsquare Media, Inc.

Q4 net revenue $117.8M (+2.6% YoY); Adj EBITDA $31.2M (+25.8%); net income $25.0M vs loss $1.9M.
Full year net revenue $451.0M (-0.7%); Adj EBITDA $100.4M (+0.4%); net loss improved to $10.9M from $43.0M.
Digital Advertising net revenue +15.5% Q4; Subscription Digital Marketing Solutions +1.9% Q4.
Quarterly dividend raised to $0.20/share (+1.3%), payable May 1, 2025 to holders of record April 17.
Completed $490M debt refinancing (Term Loan B $470M + revolver $20M, due 2030); repurchased $36M debt and $24M equity in 2024.

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