The earnings call presented a mix of positive outcomes and challenges. Key highlights include exceeding adjusted EBITDA guidance and strong digital revenue growth, particularly in Townsquare Interactive's profitability. However, these were balanced by significant challenges such as a decline in broadcast advertising revenue and the impact of search engine traffic decline. Additionally, government advertising cuts posed further revenue challenges.

Company Guidance -

Q3 2025

In the second quarter of 2025, Townsquare Media met or exceeded its financial guidance for total net revenue and adjusted EBITDA. The company successfully navigated revenue pressures, achieving a total net revenue decline of approximately 2% year-over-year, which was within their guidance range of negative 2% to negative 4%. Adjusted EBITDA was better than expected, increasing by 1% year-over-year and surpassing the guidance range of negative 1% to negative 5%, with a 4% increase excluding political revenue. The company highlighted its digital-first local media strategy, reporting that digital revenue accounted for 55% of total net revenue in the first half of 2025, with digital advertising revenue growing by 2% year-over-year in Q2. Townsquare Interactive, their subscription-based SaaS business, saw a 19% year-over-year increase in segment profit in the first half of 2025, with a profit margin expansion to 33%. Broadcast advertising revenue, however, declined by 8% excluding political, aligning with their expectations. Overall, Townsquare continues to focus on digital growth, with plans to invest in digital platforms and maintain strong cash flow for debt reduction and shareholder returns.

Exceeded Adjusted EBITDA Guidance

Second quarter adjusted EBITDA increased with and without political to $26.4 million, above the guidance range of $25 million to $26 million. This represented year-over-year adjusted EBITDA growth of 0.7% and 3.8%, excluding political.

Digital Revenue Growth

Total digital revenue grew 4% year-over-year in the first half of 2025, expanding to 55% of total net revenue. Digital segment profit increased 9% year-over-year with a profit margin of 27%.

Townsquare Interactive Profit Growth

In the first 6 months of 2025, Townsquare Interactive segment profit increased by 19% year-over-year, with profit margins expanding to 33%, up from the customary 28%.

Debt Reduction and Strong Cash Flow

The company repaid $10 million of debt in Q2, with total debt repayments of $13 million since February. Net leverage ticked down to 4.58x.

Townsquare Media (TSQ) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSQ Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 06, 2025	2025 (Q3)	0.07 / -	0.658	―	―	―
Aug 06, 2025	2025 (Q2)	0.26 / 0.09	-3.26	102.76% (+3.35)
May 08, 2025	2025 (Q1)	-0.04 / -0.12	0.083	-244.58% (-0.20)
Mar 17, 2025	2024 (Q4)	0.60 / 1.45	-0.106	1463.21% (+1.55)
Nov 07, 2024	2024 (Q3)	0.34 / 0.66	-2.27	128.99% (+2.93)
Aug 07, 2024	2024 (Q2)	0.36 / -3.26	-0.19	-1615.79% (-3.07)
May 09, 2024	2024 (Q1)	0.05 / 0.08	-0.14	159.29% (+0.22)
Mar 15, 2024	2023 (Q4)	0.26 / -0.11	0.2	-153.00% (-0.31)
Nov 09, 2023	2023 (Q3)	0.32 / -2.27	0.13	-1846.15% (-2.40)
Aug 09, 2023	2023 (Q2)	0.48 / -0.19	0.24	-179.17% (-0.43)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSQ Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$6.92	$6.78	-2.02%
May 08, 2025	$6.69	$6.94	+3.74%
Mar 17, 2025	$7.41	$7.74	+4.45%
Nov 07, 2024	$9.56	$9.45	-1.15%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Townsquare Media LLC (TSQ) report earnings?

Townsquare Media LLC (TSQ) is schdueled to report earning on Nov 06, 2025, Before Open (Confirmed).

What is Townsquare Media LLC (TSQ) earnings time?

Townsquare Media LLC (TSQ) earnings time is at Nov 06, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSQ EPS forecast?

TSQ EPS forecast for the fiscal quarter 2025 (Q3) is 0.07.

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