Townsquare Media, Inc.
For the period ended May 8, 2025. Filed May 8, 2025.
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May 8, 2025 · Filed May 8, 2025
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TSQ$1.85-11.1%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (in Thousands, Except Per Share Data)
(in Thousands, Except Per Share Data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Net revenue | $98,675 | $99,633 |
| Operating costs and expenses: | ||
| Direct operating expenses, excluding depreciation, amortization, and stock-based compensation | 75,816 | 76,895 |
| Depreciation and amortization | 4,415 | 4,935 |
| Corporate expenses | 4,722 | 5,217 |
| Stock-based compensation | 4,188 | 2,870 |
| Transaction and business realignment costs | 2,438 | 1,444 |
| Impairment of intangible and long-lived assets | — | 1,618 |
| Net (gain) loss on sale and retirement of assets | (37) | 14 |
| Total operating costs and expenses | 91,542 | 92,993 |
| Operating income | 7,133 | 6,640 |
| Other expense (income): | ||
| Interest expense, net | 10,239 | 9,031 |
| Loss on extinguishment of debt | 1,452 | — |
| Other income, net | (9) | (4,151) |
| (Loss) income from operations before tax | (4,549) | 1,760 |
| Income tax (benefit) provision | (3,038) | 207 |
| Net (loss) income | $(1,511) | $1,553 |
| Net (loss) income attributable to: | ||
| Controlling interests | $(1,982) | $1,136 |
| Non-controlling interests | 471 | 417 |
| Net (loss) income | $(1,511) | $1,553 |
| Basic (loss) income per share | $(0.12) | $0.07 |
| Diluted (loss) income per share | $(0.12) | $0.06 |
| Weighted average shares outstanding: | ||
| Basic | 15,887 | 16,562 |
| Diluted | 15,887 | 18,762 |
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