Townsquare Media, Inc.

Townsquare Media, Inc. announced that its management will present at Noble Capital Markets' Emerging Growth Virtual Equity Conference on Wednesday, June 3, 2026, at 8:30 AM Eastern Time. The presentation will feature a fireside Q&A session, and qualified investors can schedule 1x1 meetings with management. A webcast of the event will be available on the company's investor relations page and Channelchek following the presentation.

Townsquare Media reported a net income of $2.96 million, or $0.17 per basic share, for the first quarter of 2026, a significant improvement from a net loss of $1.51 million, or $0.12 per basic share, in the prior year. Net revenue slightly decreased by 1.92% to $96.78 million. The company recorded an operating loss of $1.27 million, primarily due to an $8.59 million impairment charge for FCC licenses, despite a substantial income tax benefit. Digital advertising revenue saw growth, while broadcast advertising and subscription digital marketing solutions experienced declines.

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.

Townsquare Media reported Q1 2026 financial results, meeting its net revenue and Adjusted EBITDA guidance. Digital Advertising revenue grew +6.8% year-over-year, driving 59% of total revenue and 63% of total Segment Profit from digital solutions. While overall net revenue decreased -1.9% and Adjusted EBITDA fell -9.7%, net income improved by $4.5 million. The company reaffirmed its full-year 2026 guidance and declared a quarterly cash dividend of $0.20 per share.

Townsquare Media, Inc. announced a strategic digital advertising partnership with Broadway Media, a Salt Lake City-based multimedia company. This collaboration is part of Townsquare's Media Partnerships division, launched in 2024, which brings its industry-leading digital solutions to other local media companies. The partnership with Broadway Media is one of 11 recent alliances, collectively extending Townsquare's reach into 31 new markets beyond its existing footprint, including Top 50 DMAs. Townsquare Ignite's proprietary technology and data-driven strategies will help Broadway Media grow its digital business and enhance its broadcast and outdoor platforms.

Townsquare Media, Inc. announced a strategic digital advertising partnership with Kroenke Sports and Entertainment (KSE). Through its Townsquare Ignite division, Townsquare will provide KSE with white-label digital advertising solutions, enabling KSE to scale its digital offerings and drive measurable results for clients. This alliance is one of 11 new partnerships for Townsquare's Media Partnerships division, expanding its reach into 31 non-overlapping markets and leveraging its expertise in digital solutions, which now account for over 50% of Townsquare's total revenue and profit.