The earnings call presented a mixed picture with several positive developments, such as growth in digital revenue and programmatic business, as well as increased profit margins in Townsquare Interactive and broadcast segments. However, these highlights were tempered by significant challenges, including declines in remnant revenue, core broadcast revenue, and search traffic, as well as lower political revenue than anticipated.
Company Guidance
During Townsquare Media's Third Quarter 2025 Conference Call, the company announced that their results aligned with the previously provided guidance, with total net revenue reaching $106.8 million, within the $106.5 million to $108.5 million range, and adjusted EBITDA hitting $22 million, also within the $22 million to $23 million forecast. The digital-first strategy proved effective as digital revenue grew by 2% year-over-year, now comprising 55% of total net revenue and 55% of total segment profits. Despite a slight decline in digital advertising revenue by less than 2% year-over-year due to indirect revenue challenges, the programmatic business segment achieved high single-digit growth. Townsquare Interactive saw a 19% increase in segment profit year-over-year for the first nine months, with a profit margin rise to 33%. The broadcast local radio segment experienced an 8% decline in net revenue, excluding political, but managed to improve profit margins from 25% to 28%. The company expects continued digital advertising growth and improved political revenue in 2026, aiming to maintain its digital growth momentum while managing headwinds in traditional broadcast and remnant revenue streams.
Digital Revenue Growth
Digital revenue grew by 2% year-over-year in the first 9 months of 2025, expanding to 55% of total net revenue, which is more than twice the industry average.
Programmatic Business Performance
The digital programmatic business experienced high single-digit revenue growth in the third quarter, continuing to be a primary growth driver.
Townsquare Interactive Profit Growth
Townsquare Interactive's segment profit increased by 19% year-over-year in the first 9 months of 2025 with profit margins expanding to 33%.
Broadcast Profit Margin Expansion
Broadcast profit margins increased from 25% in Q3 2024 to 28% in Q3 2025, demonstrating strong expense management.
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
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
Nov 10, 2025
$6.11
$5.42
-11.29%
Aug 06, 2025
$6.72
$6.58
-2.08%
May 08, 2025
$6.49
$6.74
+3.85%
Mar 17, 2025
$7.19
$7.51
+4.45%
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 Mar 23, 2026, Before Open (Confirmed).
What is Townsquare Media LLC (TSQ) earnings time?
Townsquare Media LLC (TSQ) earnings time is at Mar 23, 2026, 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.