Townsquare Media (NYSE: TSQ) reported a mixed performance for the fourth quarter of 2025, with revenue slightly exceeding expectations but showing a year-over-year decline. Earnings per share fell significantly short of estimates, reflecting a challenging period for the company.
The company reported adjusted earnings per share of $0.05 for the fourth quarter, falling short of the analyst estimate of $0.11. This represents a sharp decline from the $0.60 per share reported in the same period last year.
Revenue for the fourth quarter reached $106.5 million, slightly above the analyst forecast of $106.4 million. However, this figure marks a 9.61% decrease from the $117.81 million reported in the prior year.
Townsquare Media has provided a revenue outlook for the fiscal year 2026, projecting between $420.00 million and $440.00 million, surpassing the analyst expectation of $434.02 million.
For the first quarter of 2026, the company anticipates revenue between $96.00 million and $98.00 million, exceeding the forecasted $95.89 million.
The quarter Adjusted EBITDA decreased 30.9%, and 17.0% excluding political.
For the quarter, Total Digital net revenue decreased 2.4%. Digital Advertising net revenue decreased 1.0%. Subscription Digital Marketing Solutions net revenue decreased 5.6%.
The quarterly Total Digital Segment Profit decreased 14.8%. Digital Advertising Segment Profit decreased 28.0%. Subscription Digital Marketing Solutions Segment Profit increased 12.0%.
Fourth quarter Broadcast Advertising net revenue decreased 17.8%, and 7.9% excluding political.
For the full year, Net revenue decreased 5.2%, and 2.8% excluding political. Net loss decreased $1.2 million from a net loss of $10.9 million to a net loss of $9.8 million. Adjusted EBITDA decreased 12.2%, and 3.0% excluding political.
“I am pleased to share that Townsquare’s fourth quarter and year end results met our previously issued net revenue and Adjusted EBITDA guidance, reflecting our team’s hard work in the current environment. We are proud that the execution of our Digital First Local Media strategy allowed us to deliver excellent results for our clients, while also outperforming competitors and gaining market share,” commented Bill Wilson, Chief Executive Officer of Townsquare Media.
The Company announced today that its Board of Directors approved a quarterly cash dividend of $0.20 per share. The dividend will be payable on May 4, 2026 to shareholders of record as of the close of business on April 27, 2026.
