secwatch.observer — SEC 8-K summary
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Issuer:     Townsquare Media, Inc. (TSQ)
CIK:        0001499832
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0001499832-25-000115
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Townsquare Q2 Adj EBITDA beats guidance; net income swings to $2M vs loss of $48.9M
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- Net revenue $115.4M, down 2.3% YoY; ex-political revenue down 1.6%.
- Net income $2.0M vs net loss of $48.9M a year ago; diluted EPS $0.09, adjusted EPS $0.22.
- Adjusted EBITDA $26.4M, up 0.7% YoY and above guidance; ex-political up 3.8% to $25.9M.
- Digital segments: 55% of H1 net revenue, segment profit +9.4% YoY; Digital Advertising revenue +2.4% Q2.
- Q3 2025 outlook: revenue $106.5-108.5M, Adj EBITDA $22-23M; full-year guidance reaffirmed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1499832/000149983225000115/0001499832-25-000115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1499832/000149983225000115/tsq-20250806.htm
  HTML page:      https://secwatch.observer/filing/0001499832-25-000115

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