Quarterly ResultAug 6, 2026, 06:02 AM
Townsquare Q2 Net Loss $41.8M; Digital Revenue Up 11%
AI Summary
Townsquare Media reported a net loss of $41.8 million for Q2 2026, a significant decrease from net income in the prior year, primarily due to non-cash impairment charges related to FCC licenses. Despite this, the company highlighted strong performance in its digital segments, with Digital Advertising revenue growing 11% year-over-year and digital businesses contributing significantly to overall revenue and profit. Townsquare also declared a quarterly cash dividend of $0.20 per share and reaffirmed its full-year 2026 guidance.
Key Highlights
- Q2 2026 Net Revenue was $115.4 million, a 0.1% decrease year-over-year.
- Q2 2026 Net Loss was $41.8 million, compared to net income of $2.0 million in Q2 2025.
- Q2 2026 Adjusted EBITDA decreased 6.2% year-over-year to $24.8 million.
- Digital Advertising net revenue increased 11.0% year-over-year in Q2 2026.
- Total Digital businesses represented 57% of 1H'26 net revenue and 59% of 1H'26 Segment Profit.
- Board of Directors approved a quarterly cash dividend of $0.20 per share.
- Q3 2026 net revenue guidance is $108 million to $110 million.
- Full year 2026 Adjusted EBITDA guidance is $87 million to $90 million.
Price Impact
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