Townsquare Media (TSQ) Reports Q1 Results

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Townsquare Announces First Quarter Results That Demonstrate Improvement Across All Business Segments; Townsquare Interactive Returns to Subscriber Growth and Month-Over-Month Revenue Growth in March

May 9, 2024 6:00 AM EDT

Digital Represents 53% of First Quarter Total Net Revenue and Adjusted Operating Income

PURCHASE, N.Y., May 09, 2024 (GLOBE NEWSWIRE) -- Townsquare Media, Inc. (NYSE: TSQ) (Townsquare, the "Company," "we," "us," or "our") announced today its financial results for the first quarter ended March 31, 2024.

I am pleased to share that Townsquares first quarter results met our previously issued guidance, and that we are building momentum and gaining market share, primarily due to our local focus and our unique and differentiated digital platform. First quarter net revenue decreased -3.4% year-over-year... More