Click to copy
Click to copy

Townsquare: 2Q Earnings Snapshot

August 6, 2019

GREENWICH, Conn. (AP) _ Townsquare Media Inc. (TSQ) on Tuesday reported second-quarter profit of $10.2 million.

The Greenwich, Connecticut-based company said it had profit of 37 cents per share.

The operator of radio stations in small and mid-sized markets posted revenue of $113.1 million in the period.

For the current quarter ending in October, Townsquare said it expects revenue in the range of $109 million to $111 million.

The company expects full-year revenue in the range of $424 million to $430 million.

Townsquare shares have risen 28% since the beginning of the year. The stock has declined 22% 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

All contents © copyright 2019 The Associated Press. All rights reserved.