PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Townsquare Media Inc. (TSQ) on Wednesday reported a loss of $49.2 million in its second quarter.
The Purchase, New York-based company said it had a loss of $3.26 per share. Earnings, adjusted for non-recurring costs, came to 14 cents per share.
The operator of radio stations in small and mid-sized markets posted revenue of $118.2 million in the period.
For the current quarter ending in September, Townsquare said it expects revenue in the range of $114 million to $116 million.
The company expects full-year revenue in the range of $440 million to $455 million.
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