secwatch.observer — SEC 8-K summary
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Issuer:     Townsquare Media, Inc. (TSQ)
CIK:        0001499832
Form:       8-K
Filed at:   2026-03-16T23:59:59+00:00
Accession:  0001499832-26-000019
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Townsquare posts Q4 net loss, full-year revenue down 5.2%; maintains 11%-yield dividend
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- Q4 net revenue $106.5M (-9.6% YoY); net loss $4.8M vs income $25.0M a year ago.
- Full year 2025 net revenue $427.4M (-5.2% YoY); net loss $9.8M (improved from $10.9M).
- Full year Adjusted EBITDA $88.1M (-12.2% YoY); excluding political -3.0%.
- Dividend maintained at $0.20/share quarterly; payable May 4, 2026; ~11% yield at last close.
- Q1 2026 guidance: net revenue $96-98M, Adjusted EBITDA $16-17M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1499832/000149983226000019/0001499832-26-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1499832/000149983226000019/tsq-20260316.htm
  HTML page:      https://secwatch.observer/filing/0001499832-26-000019

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