Townsquare Media Reiterated FY24 Revenue of $440M-$460M Vs $453.47M Est

5/9/24 6:06:37 AM ET

Broadcasting

Consumer Discretionary

Get the next $TSQ alert in real time by email

Guidance

For the second quarter of 2024, net revenue is expected to be between $117.5 million and $119.0 million, and Adjusted EBITDA is expected to be between $26.0 million and $27.0 million.

For the full year 2024, net revenue guidance is reaffirmed to be between $440 million and $460 million, and Adjusted EBITDA guidance is reaffirmed to be between $100 million and $110 million.

Get the next $TSQ alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$TSQ

Date	Price Target	Rating	Analyst

More analyst ratings

Townsquare Returns to Total and Digital Revenue Growth in the Third Quarter
Digital Represents 52% of September YTD Total Net RevenueIgnite's Digital Advertising Revenue Growth Accelerates in Q3Repurchased $25 Million of Debt ($36M through October) and $24 Million of Equity in September YTD Period PURCHASE, N.Y., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Townsquare Media, Inc. (NYSE:TSQ) ("Townsquare", the "Company," "we," "us," or "our") announced today its financial results for the third quarter ended September 30, 2024. "I am pleased to share that Townsquare's net revenue returned to year-over-year growth, driven by sequential improvement across each of our three business segments, due to our local focus and our unique and differentiated digital p
11/7/24 6:00:00 AM ET
$TSQ
Broadcasting
Consumer Discretionary
Townsquare Announces Conference Call to Discuss Third Quarter 2024 Results
PURCHASE, N.Y., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Townsquare Media, Inc. (NYSE:TSQ) ("Townsquare" or the "Company") announced today that it will release third quarter 2024 financial results before the market opens on Thursday, November 7, 2024. The Company will host a conference call to discuss certain third quarter 2024 financial results on Thursday, November 7, 2024 at 10:00 a.m. Eastern Time. The conference call dial-in number is 1-800-717-1738 (U.S. & Canada) or 1-646-307-1865 (International) and the conference ID is "Townsquare". A live webcast of the conference call as well as the press release disclosing the Company's results will be available on the investor relations page of the
10/8/24 11:00:00 AM ET
$TSQ
Broadcasting
Consumer Discretionary
Townsquare Forms Strategic Alliance With SummitMedia
PURCHASE, N.Y., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Townsquare Media, Inc. (NYSE:TSQ) ("Townsquare" or the "Company"), a leader in digital advertising and marketing solutions focused on markets outside of the Top 50 in the United States, announced today a strategic digital advertising partnership with SummitMedia, LLC, a prominent media company with a market-leading presence in nine U.S. cities (including Birmingham, AL; Greenville, SC; Honolulu, HI; Knoxville, TN; Louisville, KY; Omaha, NE; Richmond, VA; Springfield, MO; and Wichita, KS) that do not overlap with Townsquare's market footprint. Townsquare's Ignite division's market leading, in-house digital advertising solutions have a pro
10/7/24 6:00:00 AM ET
$TSQ
Broadcasting
Consumer Discretionary

Townsquare Returns to Total and Digital Revenue Growth in the Third Quarter
Digital Represents 52% of September YTD Total Net RevenueIgnite's Digital Advertising Revenue Growth Accelerates in Q3Repurchased $25 Million of Debt ($36M through October) and $24 Million of Equity in September YTD Period PURCHASE, N.Y., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Townsquare Media, Inc. (NYSE:TSQ) ("Townsquare", the "Company," "we," "us," or "our") announced today its financial results for the third quarter ended September 30, 2024. "I am pleased to share that Townsquare's net revenue returned to year-over-year growth, driven by sequential improvement across each of our three business segments, due to our local focus and our unique and differentiated digital p
11/7/24 6:00:00 AM ET
$TSQ
Broadcasting
Consumer Discretionary
Townsquare Announces Conference Call to Discuss Third Quarter 2024 Results
PURCHASE, N.Y., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Townsquare Media, Inc. (NYSE:TSQ) ("Townsquare" or the "Company") announced today that it will release third quarter 2024 financial results before the market opens on Thursday, November 7, 2024. The Company will host a conference call to discuss certain third quarter 2024 financial results on Thursday, November 7, 2024 at 10:00 a.m. Eastern Time. The conference call dial-in number is 1-800-717-1738 (U.S. & Canada) or 1-646-307-1865 (International) and the conference ID is "Townsquare". A live webcast of the conference call as well as the press release disclosing the Company's results will be available on the investor relations page of the
10/8/24 11:00:00 AM ET
$TSQ
Broadcasting
Consumer Discretionary
Townsquare Drives Sequential Improvement in Second Quarter
Digital Represents 52% of 1H'24 Total Net RevenueRepurchased $14 Million of Debt and $22 Million of Equity in 1H'24 PURCHASE, N.Y., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Townsquare Media, Inc. (NYSE:TSQ) ("Townsquare", the "Company," "we," "us," or "our") announced today its financial results for the second quarter ended June 30, 2024. "I am pleased to share that Townsquare's momentum is building as demonstrated by another quarter of sequential net revenue improvement, primarily due to our local focus and our unique and differentiated digital platform. Second quarter net revenue decreased -2.5% year-over-year and Adjusted EBITDA decreased -8.3% year-over-year, both meeting gu
8/7/24 6:00:00 AM ET
$TSQ
Broadcasting
Consumer Discretionary

Townsquare Media Reiterated FY24 Revenue of $440M-$460M Vs $453.47M Est

Chat with this insight

Recent Analyst Ratings for $TSQ

$TSQ Market Insights

Live Market Insights

Barrington Research Maintains Outperform on Townsquare Media, Maintains $17 Price Target

Barrington Research Maintains Outperform on Townsquare Media, Maintains $17 Price Target

A Glimpse Into The Expert Outlook On Townsquare Media Through 7 Analysts

$TSQ Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13G/A filed by Townsquare Media Inc.

Amendment: SEC Form SC 13G/A filed by Townsquare Media Inc.

SEC Form SC 13G/A filed by Townsquare Media Inc. (Amendment)

$TSQ Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Townsquare Media upgraded by Barrington Research with a new price target

$TSQ Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Director Kaplan Stephen A bought $520,500 worth of shares (50,000 units at $10.41), increasing direct ownership by 57% to 137,808 units (SEC Form 4)

$TSQ Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Former 10% owner Msd Capital L P sold $547,297 worth of shares (54,092 units at $10.12) (SEC Form 4)

Large owner Msd Capital L P sold $123,296 worth of shares (12,186 units at $10.12) (SEC Form 4)

COO Hellum Erik sold $330,395 worth of shares (32,673 units at $10.11) and exercised 32,673 shares at a strike of $6.57, decreasing direct ownership by 3% to 562,680 units (SEC Form 4)

$TSQ Press Releases

Fastest customizable press release news feed in the world

$TSQ Financials

Live finance-specific insights

$TSQ SEC Filings

$TSQ Leadership Updates

Live Leadership Updates

Townsquare Returns to Total and Digital Revenue Growth in the Third Quarter

Townsquare Announces Conference Call to Discuss Third Quarter 2024 Results

Townsquare Forms Strategic Alliance With SummitMedia

Townsquare Returns to Total and Digital Revenue Growth in the Third Quarter

Townsquare Announces Conference Call to Discuss Third Quarter 2024 Results

Townsquare Drives Sequential Improvement in Second Quarter

SEC Form 10-Q filed by Townsquare Media Inc.

Townsquare Media Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

SEC Form 10-Q filed by Townsquare Media Inc.

Townsquare Announces Hiring Of Allison Zolot

Recent Analyst Ratings for
$TSQ

$TSQ
Market Insights

$TSQ
Large Ownership Changes

$TSQ
Analyst Ratings

$TSQ
Insider Purchases

$TSQ
Insider Trading

$TSQ
Press Releases

$TSQ
Financials

$TSQ
SEC Filings

$TSQ
Leadership Updates