Townsquare Reports Second Quarter 2026 Results; Digital Advertising Revenue Accelerates to 11% Growth Year-Over-Year
Townsquare Media reported Q2 net revenue of $115.4 million, effectively flat year-over-year, as an 11% increase in digital advertising revenue offset a 5.5% decline in broadcast advertising. The company recorded a GAAP net loss of $41.8 million, primarily due to non-cash impairment charges of $25.1 million related to FCC licenses, while Adjusted EBITDA decreased 6.2% to $24.8 million.
Key figures
- Revenue
- $115.4 million
- Guidance
- Q3 2026 revenue $108M-$110M, Adj EBITDA $22.5M-$23.5M; FY26 revenue $425M-$431M, Adj EBITDA $87M-$90M
- Revenue Yoy
- -0.1%
- Adjusted eps
- 0.21
- Net leverage
- 5.44x
- Adjusted ebitda
- $24.8 million
- Dividend per share
- $0.20
- Impairment charges
- $25.1 million
- Digital advertising revenue yoy
- 11%
- Broadcast advertising revenue yoy
- -5.5%
AI analysis
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