---
schema_version: "secwatch.filing_event.v1"
accession: "0001499832-25-000038"
form_type: "8-K"
ticker: "TSQ"
cik: "0001499832"
company_name: "Townsquare Media, Inc."
filed_at: "2025-03-17T23:59:59+00:00"
generated_at: "2026-05-24T15:31:32.014086+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001499832-25-000038
- form_type: 8-K
- ticker: TSQ
- cik: 0001499832
- company_name: Townsquare Media, Inc.
- filed_at: 2025-03-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499832/000149983225000038/0001499832-25-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499832/000149983225000038/tsq-20250317.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001499832-25-000038
- JSON: https://secwatch.observer/filing/0001499832-25-000038.json
- Plain text: https://secwatch.observer/filing/0001499832-25-000038.txt

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