Townsquare Media (TSQ) Misses Q2 EPS by 84c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Townsquare Media Reports Second Quarter 2015 Results
August 5, 2015 7:00 AM EDTGREENWICH, Conn.--(BUSINESS WIRE)-- Townsquare Media, Inc. (NYSE: TSQ) ("Townsquare Media," the "Company," "we," "us," or "our") announced today financial results for the second quarter ended June 30, 2015.
Second Quarter Highlights
As compared to the second quarter of 2014:
Net revenue increased 10.6%, and 11.4% excluding political revenue Local Advertising net revenue increased 0.6%, and 1.5% excluding political revenue Live Events net revenue increased 50.4% Other Media and Entertainment net revenue increased 9.5% Pro forma Adjusted EBITDA increased 2.5%, consistent with previously issued guidance... MoreTownsquare Media Announces Sale of 43 Towers
August 5, 2015 7:00 AM EDTTower Sale Harvests Capital from Non-Strategic Assets
GREENWICH, Conn.--(BUSINESS WIRE)-- Townsquare Media, Inc. (NYSE: TSQ) (the Company) today announced that it has entered into an agreement to sell 43 towers to a subsidiary of Vertical Bridge Holdings, LLC for approximately $22.8 million in cash, subject to closing adjustments (the Tower Sale). The Company will retain ownership of more than 250 towers following the Tower Sale.
We are very excited to complete this transaction which will allow us to unlock capital sequestered in non-strategic tower assets at an attractive valuation level, commented Townsquare Chairman and Chief... More
