PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Townsquare Media Inc. (TSQ) on Thursday reported a loss of $42 million in its second quarter.
The Purchase, New York-based company said it had a loss of $2.36 per share. Earnings, adjusted for asset impairment costs and non-recurring costs, came to 21 cents per share.
The operator of radio stations in small and mid-sized markets posted revenue of $115.4 million in the period.
For the current quarter ending in September, Townsquare said it expects revenue in the range of $108 million to $110 million.
The company expects full-year revenue in the range of $425 million to $431 million.
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