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Last $11.00 USD
Change Today -0.02 / -0.18%
Volume 45.5K
TSQ On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 6:40 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

townsquare media inc - cl a (TSQ) Snapshot

Open
$11.12
Previous Close
$11.02
Day High
$11.13
Day Low
$10.84
52 Week High
03/5/15 - $14.35
52 Week Low
08/24/15 - $8.60
Market Cap
191.1M
Average Volume 10 Days
56.8K
EPS TTM
$-1.36
Shares Outstanding
9.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for TOWNSQUARE MEDIA INC - CL A (TSQ)

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townsquare media inc - cl a (TSQ) Details

Townsquare Media, Inc. operates as a media, entertainment, and digital marketing services company in the United States. It owns and operates radio stations, digital and social properties, and live events, as well as offers audience original entertainment, music, and lifestyle media. The company’s Local Advertising segment offers broadcast, digital, and mobile advertising services through its radio stations, streams, Websites, and mobile applications. Its Live Events segment creates, promotes, and produces live events, including music concerts, multi-day music festivals, consumer expositions and trade shows, athletic events, lifestyle events, and other forms of entertainment. The company’s Other Media and Entertainment business provides digital marketing services and e-commerce solutions; and owns and operates national digital assets. As of March 16, 2015, the company owned and operated 311 radio stations; approximately 325 search engine and mobile-optimized local Websites; and approximately 500 live events in 66 small and mid-sized markets. The company was formerly known as Regent Communications, Inc. and changed its name to Townsquare Media, Inc. in May 2010. Townsquare Media, Inc. was founded in 1996 and is headquartered in Greenwich, Connecticut.

2,726 Employees
Last Reported Date: 03/16/15
Founded in 1996

townsquare media inc - cl a (TSQ) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.1M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $1.0M
Chief Content & Digital Officer and Executive...
Total Annual Compensation: $1.1M
Compensation as of Fiscal Year 2014.

townsquare media inc - cl a (TSQ) Key Developments

Townsquare Media Announces New Appointments

Townsquare Media reported the appointment of Rob Williams as Senior Vice President, Operations. Williams will join the Company from Greater Media, where he most recently served as Vice President and Market Manager overseeing its Boston operations. Previously, Williams served as President/Market Manager for Clear Channel Communication's New York operations. The Company also announced that Todd Lawley has been promoted to Senior Vice President, Operations. Lawley has served as a Townsquare Regional Vice President since July 2014. Messrs. Williams and Lawley, along with the Company's Regional Vice Presidents, will oversee the Company's local media operations and report to Townsquare Executive Vice President Erik Hellum. Williams will be based in Greenwich while Lawley will continue to be based in Dallas. The Company also announced that Darrin Klayman has joined Townsquare as Vice President, National Client Partnerships, reporting to Erik Hellum. Darrin joins Townsquare from Westwood One, where he most recently served as Senior Vice President, Network Sales. In addition, Matt Kiger, Vice President of Sales and Training, Todd Moskowitz, Vice President of Sales and Kelly Quinn, Vice President of Sales have been promoted to more senior roles in sales leadership and will work in close coordination with Erik Hellum, Rob Williams and Todd Lawley and the Company's Regional Vice Presidents.

Townsquare Media Provides Earnings Guidance for the Third Quarter of 2015; Reaffirms Earnings Guidance for 2015

Townsquare Media provided earnings guidance for the third quarter of 2015. For the quarter, the company expects pro forma net revenue to grow in the mid-high single digits as a percentage over the third quarter of 2014. The company expects pro forma adjusted EBITDA, excluding political, to be flat to low single-digit percentage increase over the prior year, depending on the timing of certain investments. For the full year 2015, the company reaffirms its former guidance of pro forma net revenue year-over-year growth in the mid-to-high single digits and pro forma adjusted EBITDA to grow year-over-year in the low single digits, excluding the impact of political.

Townsquare Media, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Townsquare Media, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net revenue of $117,516,000 compared to $106,267,000 a year ago. Operating income was $23,454,000 compared to $24,337,000 a year ago. Loss before income tax was $14,845,000 compared to income before income tax of $12,215,000 a year ago. Net loss was $8,734,000 compared to net income of $12,124,000 a year ago. Basic and diluted net loss per share was $0.50. Adjusted EBITDA was $28,616,000 compared to $27,905,000 a year ago. For the six months, the company reported net revenue of $198,634,000 compared to $185,428,000 a year ago. Operating income was $34,292,000 compared to $36,015,000 a year ago. Loss before income tax was $14,616,000 compared to income before income tax of $11,776,000 a year ago. Net loss was $8,603,000 compared to net income of $11,594,000 a year ago. Basic and diluted net loss per share was $0.50. Net cash used in operating activities was $14,398,000 compared to net cash provided by operating activities of $8,625,000 a year ago. Acquisition of intangibles was $32,000 compared to $200,000 a year ago. Purchase of property, plant and equipment was $5,812,000 compared to $4,628,000 a year ago. Adjusted EBITDA was $43,165,000 compared to $43,320,000 a year ago.

 

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