Digital Revenue Growth
In the first 6 months of 2025, digital revenue grew by 4% year-over-year, making up 55% of total net revenue. Digital segment profit increased by 9% year-over-year.
Townsquare Interactive Profit Growth
Townsquare Interactive segment profit increased by 19% year-over-year with profit margins expanding to 33%.
Exceeded Adjusted EBITDA Guidance
Q2 adjusted EBITDA increased by 1% year-over-year, exceeding the guidance with a result of $26.4 million.
Strong Programmatic Advertising Performance
Programmatic advertising accounted for 60% of the digital advertising segment's revenue and showed strong organic growth.
Debt Reduction
Repaid $10 million of debt in the second quarter, reducing net leverage to 4.58x.