Townsquare Media (TSQ) Misses Q1 EPS by 4c

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TOWNSQUARE'S FIRST QUARTER NET REVENUE AND ADJUSTED EBITDA SET Q1 RECORD WITH NET REVENUE +13% AND ADJUSTED EBITDA +10% YEAR-OVER-YEAR

May 10, 2022 6:00 AM EDT

Q1 2022 Digital Revenue Grows +16% YOY - Now 51% of Total Net Revenue

Q1 2022 Digital Adjusted Operating Income is 55% of Total

Net Leverage Declines to 4.66x

PURCHASE, N.Y., May 10, 2022 /PRNewswire/ -- Townsquare Media, Inc. (NYSE: TSQ) ("Townsquare", the "Company," "we," "us," or "our") announced today its financial results for the first quarter ended March 31, 2022.

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