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Townsquare Media (TSQ)
NYSE:TSQ
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.04Last Year’s EPS
0.08Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 17, 2025
|% Change Since: -5.65%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook for Townsquare Media with significant achievements in digital revenue growth, a successful refinancing effort, and an increased dividend. However, challenges remain in the declining broadcast revenue and increased interest expenses due to refinancing. The company is optimistic about its digital strategy and cash flow generation capabilities.Company Guidance
During Townsquare Media's Fourth Quarter 2024 Conference Call, the company provided a detailed financial update, highlighting that their results met previously issued guidance. Townsquare ended 2024 with $33 million in cash and generated $49 million in cash flow from operations. Their Digital Advertising revenue increased by 5.5% year-over-year to $159 million, accounting for 35% of the company's total net revenue, while Digital revenue overall contributed 52% of the total net revenue and 50% of the total segment profit. The Digital Programmatic business was emphasized as a major growth driver, particularly with new third-party media partnerships. Townsquare Interactive, their Subscription-based Digital Marketing Solutions SaaS business, returned to revenue growth in Q4 with a 2% increase year-over-year and expects a further increase in Q1 2025. The company successfully refinanced its debt, extending maturities to 2030, and increased its dividend by 1.3% year-over-year. Guidance for 2025 anticipates net revenue of $435 million to $455 million, with adjusted EBITDA between $90 million and $98 million.Digital Revenue Growth
Digital revenue contributed 52% of total net revenue and 50% of total segment profit in 2024. Digital Advertising net revenue increased by 5.5% year-over-year to $159 million, growing to 35% of total company net revenue.
Townsquare Interactive Turnaround
Townsquare Interactive returned to year-over-year revenue growth in Q4 2024 and is expected to see segment profit growth in Q1 2025 for the first time in two years, with a projected increase of $2 million to $3 million for the full year.
Successful Refinancing
Completed a refinancing of debt to extend maturities until 2030, which is expected to manage the company's leverage more effectively despite an increase in annual interest expense.
Increased Dividend
Board approved an increase to the dividend by 1.3% year-over-year, now $0.80 per share on an annualized basis, representing a yield of approximately 10%.
Cash Flow Generation
Generated $49 million of cash flow from operations in 2024 and ended the year with $33 million in cash. Repurchased approximately $24 million worth of shares.
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TSQ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSQ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 17, 2025 | $7.79 | $8.14 | +4.49% |
| Nov 07, 2024 | $10.05 | $9.94 | -1.09% |
| Aug 07, 2024 | $10.53 | $10.65 | +1.14% |
| May 09, 2024 | $11.91 | $11.52 | -3.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Townsquare Media (TSQ) report earnings?
Townsquare Media (TSQ) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Townsquare Media (TSQ) earnings time?
Townsquare Media (TSQ) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSQ EPS forecast?
TSQ EPS forecast for the fiscal quarter 2025 (Q1) is -0.04.
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