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AI brief of an SEC Form 8-K · Townsquare Media, Inc. (TSQ)

Townsquare Q1 revenue falls 1.9% to $96.8 million; reaffirms 2026 guidance

Mixed Impact 3 of 5 earnings Written later

Townsquare Media reported first-quarter 2026 net revenue of $96.8 million, down 1.9% from a year earlier, and Adjusted EBITDA of $16.4 million, down 9.7%. Net income rose to $3.0 million from a net loss of $1.5 million, primarily because of a $12.6 million larger income tax benefit, and the company reaffirmed its full-year 2026 guidance. For shareholders, the revenue and Adjusted EBITDA declines are the core operating measures, while the swing to profit came largely from taxes.

Key points

  • Net revenue was $96.8 million, down 1.9%; Digital Advertising revenue rose 6.8% to $39.3 million, while Broadcast Advertising fell 6.6%
  • Adjusted EBITDA was $16.4 million, down 9.7%; diluted earnings per share were $0.16 versus a loss of $0.12 a year earlier
  • Full-year 2026 guidance reaffirmed at $420 million to $440 million net revenue and $87 million to $93 million Adjusted EBITDA; second-quarter guidance is $114 million to $116 million net revenue and $24 million to $25 million Adjusted EBITD
  • Board approved a quarterly cash dividend of $0.20 per share, payable August 3, 2026 to holders of record as of July 27, 2026

The filing

CompanyTownsquare Media, Inc. (TSQ)
Form8-K, current report
Filed with the SECMay 11, 2026, 6:05 AM ET
Accession number0001499832-26-000030

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 11, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.