Townsquare Media reported Q2 2025 GAAP revenue of $115.4 million, exceeding expectations. Adjusted EPS was $0.22, below the $0.26 estimate. Net income turned positive at $2.0 million, driven by a digital business constituting 52% of revenue in the first half of 2025. Digital revenue growth decelerated to 4.1% year-over-year, contrasting Q1's 6.4%. Legacy broadcast revenue faced challenges, with advertising revenue down 9.2% year-over-year in Q2 2025. The company continues to prioritize digital services over traditional radio, aiming to grow digital revenue and engage local audiences effectively.
In Q2 2025, Townsquare Media reported GAAP revenue of $115.4 million, surpassing Wall Street's expectations of $114.8 million, showcasing ongoing digital growth.
Adjusted earnings per diluted share for Q2 2025 were $0.22, falling short of the $0.26 analyst estimate, indicating challenges despite revenue growth.
The company's digital business contributed approximately 52% to total revenue in the first half of 2025, emphasizing a strategic shift toward digital products.
Legacy broadcast revenue faced a significant decline, with broadcast advertising net revenue decreasing by 9.2% year-over-year in Q2 2025.
Collection
[
|
...
]