Townsquare Media, Inc. (TSQ), a community-focused digital media and digital marketing solutions company, Friday reported loss of 2.34 million or $0.14 per share for the fourth quarter, compared with profit of $3.46 million or $0.20 per share in the same quarter a year ago.
This was primarily due to a $14 million increase in non-cash impairment charges, and a $5.5 million decrease in revenue.
Excluding special items, the company posted earnings of $6.07 million or $0.34 per share.
Revenue for the quarter decreased 4.6 percent to $114.7 million as compared to $120.28 million in the same period last year.
On average, 3 analysts polled by Thomson-Reuters expected the company to report profit of $0.27 per share on revenue of $111.85 million for the quarter. Analysts' estimates typically exclude special items.
The company has declared a quarterly dividend of $0.1975 per share, payable on May 1, to shareholders of record on April 5.
Looking ahead, Townsquare Media expects first-quarter revenue in the range of $98.5 million- $100 million. The consensus estimate stands at $103.02 million.
For the full year, revenue is expected between $440 million and $460 million. The Street is looking for revenue of $465.2 million for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.