Townsquare Reports Digital Leads Positive Performance

Townsquare Media exceeded its Q1 2025 profit guidance, reporting a 3.5% profit increase year-over-year, according to a Thursday news release. Excluding political revenue, profit grew 6.2%. Net revenue dipped 1% overall and 0.5% excluding political, with net income down $3.1 million from the prior year’s quarter.

Digital operations drove performance, contributing 62% of profit and a record 57% of revenue. Digital segment profit surged 16.2% year-over-year, with digital revenue up 6.4%. Digital advertising net revenue rose 7.6%, and its segment profit climbed 12%. Townsquare Ignite’s digital advertising unit saw an 8% revenue increase, while the Interactive subscription digital marketing solutions unit grew revenue 4.2% and profit 22.2%.

Bill Wilson

CEO Bill Wilson highlighted Townsquare’s transformation into a “Digital First Local Media” company, noting its resilience in a tough macroeconomic environment. Broadcast advertising, however, fell 9.1% overall and 8.3% excluding political, aligning with March earnings call expectations.

Wilson emphasized the company’s consistent goal since 2010: delivering top-tier entertainment and information while providing superior marketing solutions. He credited the team’s adaptability in a changing consumer and business landscape.

In February, Townsquare refinanced its debt, extending maturities to 2030 and enhancing balance sheet flexibility. Wilson expressed confidence in generating shareholder value through revenue, Adjusted EBITDA, cash flow growth, leverage reduction, and dividends.

The Board approved a $0.20 per share quarterly dividend, payable August 1, 2025, to shareholders of record by July 18, 2025, offering a roughly 12% yield based on the latest closing price.

For Q2 2025, Townsquare projects net revenue of $114–$116 million and Adjusted EBITDA of $25–$26 million. Full-year 2025 guidance remains $435–$455 million for net revenue and $90–$98 million for Adjusted EBITDA.