Townsquare Media (TSQ) Declares $0.1975 Quarterly Dividend; 7.6% Yield

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Townsquare Announces Fourth Quarter and Full Year 2023 Results Announces Increase in Dividend

March 15, 2024 6:00 AM EDT

Digital Growth and Strong Profit Margins Across Segments Contribute to Strong Cash Flow Growth: Generated $68 Million of Cash Flow from Operations, +35% Year-over-Year

PURCHASE, N.Y., March 15, 2024 (GLOBE NEWSWIRE) -- Townsquare Media, Inc. (NYSE: TSQ) (Townsquare, the "Company," "we," "us," or "our") announced today its financial results for the fourth quarter and year ended December 31, 2023.

I am pleased to share that Townsquares fourth quarter results met or exceeded our previously issued guidance, and our full year results met the guidance that we issued at the start of 2023. 2023 net revenue... More