SPY421.97-0.14 -0.03%
DIA338.65-2.11 -0.62%
IXIC14,161.35+121.67 0.87%

BRIEF-Townsquare Reports Q1 Loss Per Share Of $0.35

05/10/2021 07:16
BRIEF-Townsquare Reports Q1 Loss Per Share Of $0.35

- Townsquare Media Inc TSQ.N:

  • TOWNSQUARE REPORTS STRONG START TO 2021 WITH DIGITAL REVENUE, GROWING +13% YEAR OVER YEAR (+32% VERSUS. 2019) AND ADJUSTED EBITDA GROWING +30% YEAR OVER YEAR (+7% VERSUS. 2019)

  • Q1 ADJUSTED EARNINGS PER SHARE $0.17

  • Q1 LOSS PER SHARE $0.35

  • QTRLY NET REVENUE DECREASED 5.0%, AND 4.1% EXCLUDING POLITICAL REVENUE

  • NET REVENUE FOR QUARTER ENDED MARCH 31, 2021 DECREASED $4.7 MILLION, OR 5.0%, TO $88.8 MILLION

Source text for Eikon: ID:nPn5GLgL8a

Further company coverage: TSQ.N


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