Townsquare Q1 FY26 net income improves by USD 4.5 million; adjusted EBITDA drops 9.7%
Townsquare Media, Inc. Class A
Townsquare Media, Inc. Class A TSQ | 0.00 |
- Townsquare Media reported Q1 results in line with previously issued guidance, with net revenue down 1.9% year over year while net income improved by USD 4.5 million.
- Adjusted EBITDA fell 9.7% from a year earlier, while digital generated 59% of total revenue and 63% of segment profit, both record highs.
- Digital advertising revenue rose 7% from a year earlier, while media partnerships revenue more than doubled and the unit now serves 13 partners.
- Board declared a quarterly cash dividend of USD 0.20 per share, payable Aug. 3 to shareholders of record July 27.
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