Townsquare Media, Inc. Class A (TSQ)

In Q3 2025, Townsquare Media reported a net loss and a decline in net revenue, with digital channels representing 55% of year-to-date net revenue. Analysts decreased price targets for TSQ. In Q2 2025, the company reported improved net income and an increase in Adjusted EBITDA, with digital revenue accounting for 55% of total net revenue. The board approved a quarterly cash dividend of $0.20 per share. The EVP and CFO acquired shares, while the COO sold shares. The share price declined significantly over the past year. Townsquare Media has received a consensus "Hold" rating from analysts.

Townsquare Media experiences demand seasonality, with revenue typically declining in the first quarter following the holiday season. Political advertising tends to increase in even-numbered years, particularly in the fourth quarter.

Townsquare Media, Inc. (TSQ) is a local media and digital marketing solutions company operating in mid-sized U.S. markets outside the top 50, shifting from traditional radio to a digital-first enterprise. The company operates in the Consumer Discretionary sector, specifically Broadcasting and Advertising Agencies. Its major products and services include Subscription Digital Marketing Solutions (Townsquare Interactive) offering a SaaS platform for SMBs, Digital Advertising (Townsquare Ignite) providing digital advertising through its platform and owned digital properties, Broadcast Advertising through local terrestrial radio stations, and Live Events generating income through ticket sales, sponsorships, and concessions.

Townsquare Media, Inc. operates in 74 U.S. markets, all outside the top 50 largest markets. The company's headquarters are located in Purchase, New York, United States.

Townsquare Media emphasizes its role in providing local content and advertising solutions to small and mid-sized businesses, focusing on its strategic focus as a "Digital First Local Media Company" and its community-focused approach.

Townsquare Media, Inc.'s ownership is predominantly held by institutional investors, including Beck Mack & Oliver Llc, American Century Companies Inc, and MSD Capital L P. Significant individual owners and insiders include Stephen A. Kaplan, B. James Ford, and Bill Wilson (CEO).