Townsquare Media: Q3 Earnings Insights

Shares of Townsquare Media TSQ rose 0.2% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 63.64% year over year to $0.12, which beat the estimate of ($0.08).

Revenue of $95,356,000 decreased by 15.29% from the same period last year, which beat the estimate of $91,740,000.

Guidance

Townsquare Media hasn't issued any earnings guidance for the time being.

Townsquare Media hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Nov 09, 2020

Time: 08:00 AM

ET Webcast URL: http://public.viavid.com/player/index.php?id=142002

Recent Stock Performance

Company's 52-week high was at $10.34

52-week low: $3.54

Price action over last quarter: Up 7.03%

Company Overview

Townsquare Media Inc is a radio, digital media, entertainment, and digital marketing solutions company principally focused on being the premier local advertising and marketing solutions platform in small and mid-sized markets across the United States. It has three segments. Advertising segment, which is the key revenue driver, includes broadcast and digital advertising products and solutions; Townsquare Interactive segment includes its digital marketing solutions business; and Live Events segment includes concerts, expositions, and other experiential events.