Townsquare: Q1 Earnings Snapshot

PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Townsquare Media Inc. (TSQ) on Thursday reported earnings of $1.1 million in its first quarter.

The Purchase, New York-based company said it had profit of 6 cents per share. Earnings, adjusted for non-recurring gains, came to 3 cents per share.

The operator of radio stations in small and mid-sized markets posted revenue of $99.6 million in the period.

For the current quarter ending in June, Townsquare said it expects revenue in the range of $117.5 million to $119 million.

The company expects full-year revenue in the range of $440 million to $460 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TSQ at https://www.zacks.com/ap/TSQ

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up