secwatch.observer — SEC 8-K summary
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Issuer:     Townsquare Media, Inc. (TSQ)
CIK:        0001499832
Form:       8-K
Filed at:   2026-05-11T23:59:59+00:00
Accession:  0001499832-26-000030
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Townsquare Q1: revenue down 1.9% YoY, digital drives 63% of profit; declares $0.20 quarterly dividend
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- Q1 net revenue $96.7M (-1.9% YoY); net income $3.0M vs net loss $1.5M a year ago.
- Digital Advertising revenue +6.8% to $39.2M; Broadcast Advertising -6.6%; Subscriptions -7.9%.
- Digital now 59% of net revenue and 63% of segment profit – highest ever.
- Adjusted EBITDA $16.4M (-9.7%); Q2 2026 guidance: revenue $114-116M, Adj. EBITDA $24-25M.
- Board declares $0.20 quarterly dividend (yield ~12%), payable Aug 3, record July 27.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1499832/000149983226000030/0001499832-26-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1499832/000149983226000030/tsq-20260511.htm
  HTML page:      https://secwatch.observer/filing/0001499832-26-000030

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