Highest-materiality recent filing
Net loss of $41.8M ($2.36 diluted loss) vs net income of $2.0M in Q2 2025; includes $25.1M non-cash FCC license impairment.
Townsquare Media shareholders elect directors, approve auditor, say-on-pay at annual meeting
Stephen Kaplan elected with 14.1M for, 2.2M withheld; Bill Wilson 16.2M for, 120.6K withheld.
Q1 net revenue $96.7M (-1.9% YoY); net income $3.0M vs net loss $1.5M a year ago.
Townsquare posts Q4 net loss, full-year revenue down 5.2%; maintains 11%-yield dividend
Q4 net revenue $106.5M (-9.6% YoY); net loss $4.8M vs income $25.0M a year ago.
Townsquare Q3 net loss $5.5M; revenue down 7.4%, meets guidance; digital 55% of revenue
Net loss of $5.5M vs net income of $11.3M in Q3 2024; revenue $106.8M (-7.4% YoY).
Townsquare Q2 Adj EBITDA beats guidance; net income swings to $2M vs loss of $48.9M
Net revenue $115.4M, down 2.3% YoY; ex-political revenue down 1.6%.
Townsquare beats Q1 Adj EBITDA guide, reaffirms FY2025; digital growth continues
Q1 revenue $98.7M (-1.0% YoY, met guide); Adj EBITDA $18.1M (+3.5%, beat guide).
Townsquare Media annual meeting elects Ginsberg and Price as directors, ratifies BDO as auditor
Stockholders elected Gary Ginsberg and Steven Price to three-year board terms at May 1, 2025 annual meeting.
Townsquare Q4 net revenue +2.6% to $117.8M, Adj EBITDA +25.8%; dividend raised 1.3%
Q4 net revenue $117.8M (+2.6% YoY); Adj EBITDA $31.2M (+25.8%); net income $25.0M vs loss $1.9M.
Townsquare Media enters $490M credit facility; redeems $467.4M of 2026 notes
New $470M term loan and $20M revolver, both maturing February 19, 2030.
Full year net revenue expected $450-452M; full year Adj EBITDA ~$100M, both within guidance ranges.
Townsquare Media authorizes $50M share repurchase plan over 36 months
Board approved $50M stock repurchase plan for Class A common stock, effective Dec 10, 2024.
Townsquare returns to total and digital revenue growth in Q3; net income improves $47.8M YoY
Q3 net revenue $115.3M (+0.2% YoY); Adj EBITDA $25.5M (-6.3% YoY), both in guidance.
Townsquare Q2 net loss $48.9M on impairment; revenue down 2.5% YoY, adj. EBITDA -8.3%
Net loss $48.9M vs $2.7M loss in Q2'23, driven by $25.3M tax valuation allowance & impairment charges.
B. James Ford elected with 18,647,473 for, 1,828,505 withhold; David Lebow with 15,961,558 for, 4,514,420 withhold; Gary D. Way with 19,774,286 for, 701,692 withhold.
Townsquare Q1 net revenue down 3.4% to $99.6M; digital ads return to growth
Net income of $1.6M vs. $1.9M loss a year ago; diluted EPS $0.06.
Townsquare repurchases 1.5M shares from MSG at $9.76 (11% discount), reaffirms FY2024 guidance
Repurchased 1.5M shares (just under 10% of outstanding) from MSG at $9.76/share, an 11% discount to March 28 close.
Townsquare Q4 net loss $1.9M, FY net loss $43M; dividend raised 5.3%
Full-year net revenue $454.2M (-1.9% YoY); net loss $43M vs net income $14.4M in 2022.
Townsquare Media increases Erik Hellum's base salary to $1,000,000
Amendment effective December 21, 2023 raises annual base salary from prior amount to $1,000,000.
Townsquare Q3 net loss $36.5M; revenue down 4.6%; digital advertising grows 5.5%
Net loss of $36.5M vs net income of $2.8M a year ago; diluted EPS loss of $2.27.
Townsquare Q2 revenue flat at $121M, net loss of $2.7M; Digital Advertising revenue up 11% YoY
Q2 net revenue $121.2M (-0.6% YoY); Adjusted EBITDA $28.6M (-11.6% YoY); net loss $2.7M vs net income $4.9M last year.
Townsquare Media repurchases 1.5M shares from MSG at 8.5% discount for $14.6M
Repurchased 1.5M Class C shares from MSG National Properties at $9.70/share, total $14.6M.
Townsquare Media stockholders elect directors, ratify auditor, approve say-on-pay
Stephen Kaplan elected with 10,884,580 votes for and 4,263,291 withhold; Bill Wilson with 14,485,979 for and 661,892 withhold.
Townsquare Q1 net revenue $103.1M, net loss $1.9M; digital ad +15.4%
Net revenue $103.1M (+2.9% YoY); net loss $1.9M vs net income $2.7M in Q1 2022.
Net revenue $463.1M (+10.8% YoY); Q4 $120.3M (+8.8%). Adj EBITDA $113.7M (+8.2% YoY).
Townsquare Media expands board to 7, appoints former Nike/Jordan Brand GC Gary Way
Board expanded from 6 to 7 members effective January 1, 2023.
Townsquare posts record Q3 net revenue of $120.6M (+8.4% YoY) and Adj. EBITDA of $30.9M (+6% YoY)
Diluted EPS $0.13; adjusted diluted EPS $0.47; net income $2.8M vs $12.9M due to $10.3M FCC license impairment.
Townsquare Media amends exec employment agreements; CEO base salary $1.45M, sign-on bonus $1.45M
CEO Bill Wilson: base salary $1,450,000, target annual bonus 100% of base, plus $1,450,000 sign-on bonus subject to clawback.
Townsquare Media discloses material weakness in internal controls as of Dec 31, 2021
Control deficiency: inadequate documentation of software functionality testing for automation system log.
Townsquare Q2 revenue and EBITDA hit all-time highs; digital revenue up 21%; raises FY guidance
Net revenue +13.6% YoY to record; net income $4.9M vs $10.1M; diluted EPS $0.24, adjusted EPS $0.71.
Townsquare Media stockholders re-elect Ginsberg and Price, ratify BDO at annual meeting
Gary Ginsberg re-elected with 10,605,690 votes for and 5,378,510 withhold; Steven Price re-elected with 11,930,286 for and 4,053,914 withhold.
Townsquare Q1 revenue and EBITDA set records; digital now 51% of revenue
Net revenue rose 12.9% YoY to ~$100.6M; Adjusted EBITDA up 9.8% to $22.1M, both Q1 records.
Townsquare reports record EBITDA of $105.1M in 2021; net revenue +12.6% to $418M
Adjusted EBITDA $105.1M, an all-time high, up 69.2% YoY; net income $18.8M vs net loss $80.6M in 2020.
Townsquare Q3 net revenue $111.3M (+16.7% YoY), Adj. EBITDA $29.2M (+66.5%); raises FY guidance
Net revenue $111.3M (+16.7% YoY), 99% of Q3 2019; net income $12.9M vs $1.3M YoY.
Townsquare reports all-time record Adj. EBITDA of $30.3M in Q2 2021; net revenue up 44.9% YoY
Net revenue of $107.3M (+44.9% YoY); net income of $10.1M vs. net loss of $26.8M in Q2 2020.
On December 21, 2022, the Board appointed Gary D. Way to the Board, effective as of January 1, 2023, as a Class I director
Max materiality 0.85 · Median 0.70 · Most common event earnings