Townsquare MediaNYSE: TSQ

Townsquare Media, Inc. (NYSE:TSQ ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Claire Yenicay - Executive Vice President, Investor Relations and Corporate Communications Bill Wilson - Chief Executive Officer Stuart Rosenstein - Chief Financial Officer Conference Call Participants Michael Kupinski - Noble Capital Markets, Inc. Patrick Sholl - Barrington Research Associates, Inc. Operator Good morning, and welcome to Townsquare Media's Third Quarter 2024 Conference Call. As a reminder, today's call is being recorded, and your participation implies consent to such recording.

Digital Represents 52% of September YTD Total Net Revenue Ignite's Digital Advertising Revenue Growth Accelerates in Q3 Repurchased $25 Million of Debt ($36M through October) and $24 Million of Equity in September YTD Period

PURCHASE, N.Y., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Townsquare Media, Inc. (NYSE: TSQ) (“Townsquare” or the “Company”) announced today that it will release third quarter 2024 financial results before the market opens on Thursday, November 7, 2024. The Company will host a conference call to discuss certain third quarter 2024 financial results on Thursday, November 7, 2024 at 10:00 a.m. Eastern Time.

Partnership With Its Ignite Division Is Expected to Drive Significant Digital Growth Partnership With Its Ignite Division Is Expected to Drive Significant Digital Growth

Townsquare Media offers a high dividend yield of 7.32% and trades at a discount to its underlying value. While considered to be a radio stock, Townsquare's main business is digital advertising and media, not terrestrial radio. It may take time, but whether through strategic alternatives or through a continuation of return-of-capital efforts, TSQ could ultimately bridge the valuation gap.

Townsquare Media (TSQ) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.18 per share a year ago.

PURCHASE, N.Y., June 24, 2024 (GLOBE NEWSWIRE) -- Townsquare Media, Inc. (NYSE: TSQ) (“Townsquare,” or the “Company”) announced today their participation at Noble Capital Markets' Consumer, Communications, Media, and Technology Emerging Growth Virtual Equity Conference on Wednesday, June 26th. The presentation will be held at 11:00 AM Eastern Time and will feature a fireside style Q&A session with questions welcome from the live virtual audience. Scheduled 1x1 meetings with Bill Wilson, Chief Executive Officer, Stuart Rosenstein, Chief Financial Officer, and Claire Yenicay, Executive Vice President, Investor Relations are also available for registered, qualified investor attendees.

Townsquare Media (TSQ) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.66 per share a year ago.

PURCHASE, N.Y., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Townsquare Media, Inc. (NYSE: TSQ) (“Townsquare,” or the “Company”) announced today that Stuart Rosenstein, Chief Financial Officer, and Claire Yenicay, Executive Vice President, Investor Relations, will participate in upcoming investor conferences.