Townsquare: Q2 Earnings Snapshot
By AP News
Published - Aug 07, 2024, 06:08 AM ET
Last Updated - Aug 07, 2024, 06:08 AM EDT
PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Townsquare Media Inc. (TSQ) on Wednesday reported a loss of $49.2 million in its second quarter.
The Purchase, New York-based company said it had a loss of $3.26 per share. Earnings, adjusted for non-recurring costs, came to 14 cents per share.
The operator of radio stations in small and mid-sized markets posted revenue of $118.2 million in the period.
For the current quarter ending in September, Townsquare said it expects revenue in the range of $114 million to $116 million.
