Townsquare Media Q3 net loss narrows to $4 million; net revenue rises to $110.9 million
TSQ•Townsquare Media’s third-quarter net loss narrowed to $4 million and net revenue rose to $110.9 million, exceeding guidance. The company suspended its quarterly dividend to preserve about $14 million annually for liquidity and higher-return opportunities, and said Townsquare Interactive no longer expects sequential revenue growth in Q4 2026.
1. Quarterly results and outlook
Townsquare Media reported a third-quarter net loss of $4 million as net revenue rose to $110.9 million, exceeding guidance. The company suspended its quarterly dividend to preserve approximately $14 million annually for general corporate liquidity and higher-return opportunities. Townsquare Interactive no longer expects sequential net revenue growth in Q4 2026 because of lower-than-anticipated sales velocity.
