Townsquare Media Q2 revenue flat on decline in subscription segment
TSQ•Outlook
- Company sees Q3 net revenue between $108 mln and $110 mln
- Townsquare expects Q3 Adjusted EBITDA between $22.5 mln and $23.5 mln
- Company maintains 2026 net revenue guidance of $425 mln to $431 mln
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Slight Beat* | $115.35 mln | $114.74 mln (2 Analysts) |
| Q2 Net Loss | $41.81 mln | ||
| Q2 Operating Income | -$12.29 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst coverage
- The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
- The average consensus recommendation for the advertising & marketing peer group is "buy"
- Wall Street's median 12-month price target for Townsquare Media Inc is $12.50, about 96.5% above its August 5 closing price of $6.36
- The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 13 three months ago
