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Townsquare Media Inc - TSQ STOCK NEWS

Welcome to our dedicated news page for Townsquare Media (Ticker: TSQ), a resource for investors and traders seeking the latest updates and insights on Townsquare Media.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Townsquare Media's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Townsquare Media's position in the market.

Rhea-AI Summary
Townsquare Media, Inc. (TSQ) announced the purchase and retirement of 3.0 million options held by management and board members at a net price of $3.62 per option. This move eliminates potential shareholder dilution and aligns management's interests with investors. The company's strong cash generation, with $68 million in cash flow from operations in 2023, allows for strategic investments and stock repurchases below perceived value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.59%
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Rhea-AI Summary
Townsquare Media, Inc. (NYSE: TSQ) will release its first quarter 2024 financial results on May 9, 2024, followed by a conference call to discuss the results. Investors can access the call through various channels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.74%
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Rhea-AI Summary
Townsquare Media, Inc. (TSQ) announces the repurchase and retirement of 1.5 million shares of Class A common stock from MSG National Properties, at $9.76 per share, reflecting an 11% discount. The transaction was funded with cash on hand and follows previous repurchases in 2023 and 2021. Townsquare's Cash Flow from Operations increased by 35% in 2023, reaching $68 million. The company now has 15.2 million shares outstanding, with plans to enhance shareholder value through future growth, dividends, and share repurchases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.38%
Tags
buyback
Rhea-AI Summary
Townsquare Media, Inc. (NYSE: TSQ) reports strong cash flow growth, digital segment growth, and dividend increase in Q4 2023. Despite challenges, the company outperformed competitors, focusing on local markets and digital platforms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.03%
Tags
dividends earnings
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Rhea-AI Summary
Townsquare Media, Inc. (NYSE: TSQ) will release its fourth quarter 2023 financial results on March 15, 2024. A conference call will follow to discuss the results. Investors can access the live webcast and press release on the company's website. A telephone replay and web-based archive will also be available.
Rhea-AI Impact
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End-of-Day
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Rhea-AI Summary
Townsquare Media, Inc. (TSQ) will participate in upcoming investor conferences, including BofA Securities Leveraged Finance Conference and NobleCon19. The company's CFO and EVP, Investor Relations will present at these events, providing an opportunity for investors to meet with management. The presentations will be webcast live and available for 90 days following the events.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.31%
Tags
conferences
Rhea-AI Summary
Townsquare Media, Inc. (NYSE: TSQ) announced Q3 2023 financial results, with net revenue excluding political revenue declining -4% year-over-year. Digital now represents 52% of total net revenue and 57% of total Adjusted Operating Income. The company also reported a strong cash flow from operations, $39 million in the first nine months of 2023, and a strong cash balance of $38 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.49%
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Rhea-AI Summary
Townsquare Media, Inc. to release Q3 2023 financial results on November 9, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
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Rhea-AI Summary
Townsquare Media, Inc. reported its financial results for Q2 2023. Net revenue decreased by 1% YoY to $121 million, while Adjusted EBITDA decreased by 12% YoY to $29 million. However, year-to-date Digital net revenue increased by 6% YoY, representing 52% of total net revenue, and total Digital Adjusted Operating Income increased by 11% YoY, representing 60% of total Adjusted Operating Income. The Digital Advertising segment drove growth with an 11% YoY increase in net revenue and a 30% YoY increase in Adjusted Operating Income. The company also generated $31 million in cash flow from operations in the first six months of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.7%
Tags
Rhea-AI Summary
Townsquare Media, Inc. (NYSE: TSQ) will release its second quarter 2023 financial results on August 9, 2023. The company will host a conference call to discuss the results at 8:00 a.m. Eastern Time. A live webcast and a telephone replay of the conference call will be available on the investor relations page of the company's website.
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End-of-Day
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Townsquare Media Inc

NYSE:TSQ

TSQ Rankings

TSQ Stock Data

187.11M
14.27M
9.36%
59.34%
1.39%
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About TSQ

townsquare media group is a communities-focused media and entertainment company. townsquare media group creates and distributes original and motivating media experiences that connect communities seamlessly with content they love, people they trust, products they want, and things that matter. we attract, engage, and activate audiences on a local and national basis through our unique mix of market-leading marquee entertainment properties. our local business owns and operates 312 radio stations, over 326 companion websites, an e-commerce business (seizethedeal.com), and approximately 500 annual live events in 66 small and medium-sized markets across the country. our national business owns and operates leading music and entertainment-focused digital properties including tasteofcountry.com, loudwire.com, popcrush.com and screencrush.com, several leading multi-day music festivals, including mountain jam and the taste of country music festival; a digital advertising portfolio which reaches ov