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Townsquare Media Inc   (TSQ)
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Price: $10.5700 $0.21 2.027%
Day's High: $11.5 Week Perf: 0.09 %
Day's Low: $ 10.36 30 Day Perf: -3.82 %
Volume (M): 193 52 Wk High: $ 12.65
Volume (M$): $ 2,037 52 Wk Avg: $9.97
Open: $11.19 52 Wk Low: $7.89



 Market Capitalization (Millions $) 177
 Shares Outstanding (Millions) 17
 Employees 3,200
 Revenues (TTM) (Millions $) 454
 Net Income (TTM) (Millions $) -43
 Cash Flow (TTM) (Millions $) 18
 Capital Exp. (TTM) (Millions $) 15

Townsquare Media Inc
Townsquare Media Inc. is a leading media and entertainment company that focuses on local markets. It operates in over 67 markets across the United States and reaches a monthly audience of over 40 million people. The company operates through three main segments: Advertising, Live Events, and Digital.

The Advertising segment is the largest and generates the bulk of the companyes revenue. It provides local and regional businesses with marketing solutions across various platforms, including radio, digital, and events. The company's radio stations are popular across different genres, including rock, pop, country, and news/talk. It offers advertising services such as branded content, targeted advertising, and event sponsorships.

The Live Events segment produces and manages a variety of live music events, including concerts, festivals, and fairs. Some of its popular events include the Taste of Country Music Festival and Mountain Jam. The segment also manages animal and agricultural shows, sports events, and holiday events.

The Digital segment provides digital marketing solutions focused on the local market. Its services include digital advertising, website design and development, search engine optimization, social media management, and e-commerce. It provides an integrated suite of digital products to its customers to enhance their digital presence, increase online visibility, and drive web traffic.

The company has over 3,500 employees, and its headquarters are located in Greenwich, Connecticut. It went public in 2014 and is listed on the New York Stock Exchange (NYSE: TSQ). Its revenue for 2020 exceeded $360 million, and it is counted among the top media companies in the United States.

Townsquare Media Inc. is committed to serving the local communities and businesses it operates in. It partners with various non-profit organizations, charities, and community groups to support social causes, education, and healthcare initiatives. It also offers scholarships and internships to students pursuing careers in the media industry.


   Company Address: One Manhattanville Road Purchase, 10577 NY
   Company Phone Number: 861-0900   Stock Exchange / Ticker: NYSE TSQ
   


   

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Townsquare Media Inc

2. Experts warn of potential economic downturn as Townsquare Media Inc reports lower revenue and net loss for fiscal year 2023

The fiscal period closing December 31, 2023, proved to be a challenging one for Townsquare Media Inc, as lower revenue led to a deficit in their financial results. Revenue decreased by -4.565% to $114.79 million, resulting in a shortfall per share of $-0.03 compared to $0.20 per share in the previous year. The net shortfall for the period was $-1.878 million, a significant difference from the $3.932 million bottom line in the prior year.
Analysts have pointed to a decline in accounts receivable, currently at $60.8 million, as a possible indicator of slowing demand. Despite this, Townsquare Media Inc recorded a net loss of $-43.02 million and revenue of $454.23 million for the fiscal year 2023. Earnings per share also took a hit, dropping to $-2.68 from $0.68 in the previous fiscal year.

Townsquare Media Inc

Townsquare Media Inc's Earnings Season: A Remarkable Twist Emerges as Revenue Takes a Surprising Plunge of -4.585% in Q3 of 2023



In the past five trading days, Townsquare Media Inc's stock witnessed a minor decline of -0.22%. However, the company's year-to-date performance remains impressive, showing growth of 25.97%. Trading slightly above its 52-week average on the NYSE by 1.4%, Townsquare Media Inc appears to face some challenges ahead. As revealed in the company's financial results, lower revenue in the third quarter of 2023 has led to a significant deficit, affecting both earnings and shareholder confidence. This article will analyze the impact of these results and wonder how they may influence the company's future performance.
1. Decreased Revenue and Earnings Shortfall:
During the third quarter of 2023, Townsquare Media Inc experienced a decline in revenue by -4.585%, amounting to $115.10 million. Additionally, the company suffered a shortfall per share of $-2.27, a stark contrast to the positive $0.13 per share recorded in the corresponding period of the previous year. This decline negatively impacted the company's financial position and profitability.

Townsquare Media Inc

Townsquare Media Inc Grapples with Financial Setback: Dwindling Earnings Raise Concerns for Future Prospects



Townsquare Media Inc, a prominent player in the Broadcasting Media & Cable TV industry, experienced a challenging period in the April to June 30, 2023 interval. The company witnessed a decline in revenue, a widening deficit per share, and a net deficit as compared to the previous year's reporting season. This article explores the potential impact of these financial results on Townsquare Media Inc's future prospects and strategies.
Revenue Decline and Decreased Returns:
During the April to June 30, 2023 interval, Townsquare Media Inc's revenue diminished by -0.568% to $121.23 million, indicating declining business performance. Furthermore, the deficit per share reached $-0.19, contrasting with the previous reporting season's positive $0.24 per share. These figures portray a worrisome scenario for the company as it faces declining profitability and an inability to generate adequate returns for its shareholders.

Townsquare Media Inc

Townsquare Media Inc Faces Revenue Improvement Challenges, Records Loss for Fiscal First Quarter of 2023

Townsquare Media Inc Records Losses for Fiscal First Quarter of 2023
Townsquare Media Inc, a publicly traded media, entertainment, and digital marketing solutions company, released their financial results for the fiscal first quarter of 2023 on Tuesday. The company, which offers various platforms for businesses to reach their target audience, has reported a net loss of $-1.941 million, largely due to reduced operating earnings, which fell by 73.2% to $4.238 million, a decrease that has caused the company's operating margin to plummet from 15.78% in the first quarter of 2022 to 4.11% in the same reporting season of 2023.
According to the company's report, earnings per share fell from $0.20 per share from the previous reporting season to - $0.14 per share, indicating a loss compared to the previous year, which was $0.11 per share. The revenue grew barely by 2.861% to $103.11 million from $100.24 million in the same reporting season a year before, and sequentially, the revenue deteriorated by -14.272% from $120.28 million. These numbers indicate a stark decline in the company's performance.






 

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Townsquare Media Inc does not provide revenue guidance.

Earnings Outlook
Townsquare Media Inc does not provide earnings estimates.

 
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