PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Townsquare Media Inc. (TSQ) on Monday reported earnings of $24.6 million in its fourth quarter.
The Purchase, New York-based company said it had net income of $1.42 per share. Earnings, adjusted for non-recurring gains, came to 60 cents per share.
The operator of radio stations in small and mid-sized markets posted revenue of $117.8 million in the period.
For the year, the company reported a loss of $12.7 million, or 81 cents per share. Revenue was reported as $451 million.
For the current quarter ending in March, Townsquare said it expects revenue in the range of $98 million to $100 million.
The company expects full-year revenue in the range of $435 million to $455 million.
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