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Townsquare: 3Q Earnings Snapshot

November 5, 2019 GMT

PURCHASE, N.Y. (AP) _ Townsquare Media Inc. (TSQ) on Tuesday reported third-quarter earnings of $8.3 million.

On a per-share basis, the Purchase, New York-based company said it had net income of 30 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 33 cents per share.

The operator of radio stations in small and mid-sized markets posted revenue of $112.6 million in the period.

Townsquare expects full-year revenue in the range of $428 million to $430 million.

Townsquare shares have risen 73% since the beginning of the year. The stock has climbed slightly in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TSQ at https://www.zacks.com/ap/TSQ