Townsquare Media, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2022
May 10, 2022 at 06:00 am EDT
Share
Townsquare Media, Inc. provided earnings guidance for the second quarter and full year of 2022. For the quarter, the company expects net revenue to be between $117 million and $121 million.
For the year, the company's net revenue guidance is reaffirmed to be between $460 and $475 million.
Townsquare Media, Inc. is a digital media and digital marketing solutions company. The Company's integrated and diversified products and solutions enable local, regional and national advertisers to target audiences across multiple platforms, including digital, mobile, social, video, streaming, e-commerce, radio and events. Its segments include Subscription Digital Marketing Solutions, Digital Advertising and Broadcast Advertising. The Subscription Digital Marketing Solutions includes its subscription digital marketing solutions business, Townsquare Interactive. The Digital Advertising segment, which it markets as Townsquare Ignite, includes digital advertising on its owned and operated digital properties and its digital programmatic advertising platform. The Broadcast Advertising includes its local, regional and national advertising products and solutions delivered via terrestrial radio broadcast. Its portfolio includes local media brands such as WYRK.com, WJON.com and NJ101.5.com.
TOWNSQUARE MEDIA, INC. 
