Quarterly ResultMay 11, 2026, 06:12 AM
Townsquare Q1 Net Revenue -1.9%, Net Income $3.0M; Digital Drives 63% Segment Profit
AI Summary
Townsquare Media reported Q1 2026 results, with net revenue decreasing 1.9% year-over-year to $96.8 million, while net income improved to $3.0 million from a net loss of $1.5 million in Q1 2025. Adjusted EBITDA decreased 9.7% to $16.4 million. Digital solutions were a key driver, contributing 59% of total revenue and 63% of total Segment Profit, with Digital Advertising revenue growing 6.8%. The company reaffirmed its full-year 2026 net revenue and Adjusted EBITDA guidance and declared a quarterly cash dividend of $0.20 per share.
Key Highlights
- Net revenue decreased 1.9% year-over-year to $96.8 million.
- Net income improved by $4.5 million year-over-year to $3.0 million.
- Adjusted EBITDA decreased 9.7% year-over-year to $16.4 million.
- Digital solutions contributed 59% of total revenue and 63% of total Segment Profit.
- Digital Advertising net revenue increased 6.8% year-over-year to $39.3 million.
- Subscription Digital Marketing Solutions net revenue decreased 7.9% year-over-year to $17.5 million.
- Board approved a quarterly cash dividend of $0.20 per share.
- Reaffirmed full-year 2026 net revenue guidance of $420M-$440M and Adjusted EBITDA of $87M-$93M.
Price Impact
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