{"schema_version":"secwatch.filing_event.v1","accession":"0001499832-25-000123","form_type":"8-K","ticker":"TSQ","cik":"0001499832","company_name":"Townsquare Media, Inc.","filed_at":"2025-11-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.566003+00:00","generated_at":"2026-05-16T22:21:22.903053+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Townsquare Q3 net loss $5.5M; revenue down 7.4%, meets guidance; digital 55% of revenue","bullets":["Net loss of $5.5M vs net income of $11.3M in Q3 2024; revenue $106.8M (-7.4% YoY).","Adjusted EBITDA $22.0M (-13.5% YoY); excluding political -2.0%, margins improved.","Digital segment YTD net revenue +2.1% YoY, now 55% of total revenue; Townsquare Interactive profit +21% YoY in Q3.","Debt reduced $17M since Feb 2025 refinancing; repurchased $5.8M Term Loans at discount.","Q4 guidance: revenue $105-109M, Adj. EBITDA $21.5-23.5M; full-year $426-430M revenue, $88-90M EBITDA."],"urls":{"canonical":"https://secwatch.observer/filing/0001499832-25-000123","json":"https://secwatch.observer/filing/0001499832-25-000123.json","markdown":"https://secwatch.observer/filing/0001499832-25-000123.md","text":"https://secwatch.observer/filing/0001499832-25-000123.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1499832/000149983225000123/0001499832-25-000123-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1499832/000149983225000123/tsq-20251110.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T22:21:22.903053+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}