TSQ Earnings Prediction
The chart below shows how TSQ performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TSQ sees a +0.42% change in stock price 10 days leading up to the earnings, and a +0.86% change 10 days following the report. On the earnings day itself, the stock moves by +0.81%. This data can give you a slight idea of what to expect for the next quarter's release.
TSQ Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
115.31M
0.18%
-2.46%
Gross Margin
23.04%
-8.75%
-1.66%
Operating Margin
15.30%
-12.42%
40.37%
Net Margin
9.83%
131.00%
-123.78%
EPS
0.63
127.75%
-119.33%
No Data Available
TSQ Earnings Analysis
TOWNSQUARE MEDIA, INC. Corporation (TSQ.N) Earnings Conference Call
Positive
Q3 Revenue and EBITDA Results: Townsquare's third quarter results met revenue and adjusted EBITDA guidance.
Quarterly Revenue Growth: Third quarter net revenue returned to growth in the quarter and revenue increased 0.2% or just over $200,000 year-over-year to $115.3 million just above the midpoint of our guidance range of $114 million to $116 million.
Quarterly Revenue Performance: Our third quarter net revenue of $115 million was up slightly compared to the prior year and at the midpoint of our guidance range.
Digital Revenue Growth: We are very pleased to share that our digital revenue returned to growth in the third quarter and contributed to 52% of our total net revenue in the third quarter.
Cash Flow Performance: We generated $9.9 million of cash flow from operations in the third quarter and $20.6 million of cash flow from operations in the first 9 months of 2024, ending the quarter with $22 million of cash.
Negative
Net Revenue Decline: In Q3, net revenue decreased by 5.8% compared to the prior year, indicating a decline in overall performance.
Profit Decline Analysis: Third quarter profit decreased by 11% year-over-year, reflecting challenges in managing expenses effectively.
EBITDA Decline in Q3: The adjusted EBITDA for Q3 declined by 6.3% year-over-year to $25.5 million, falling short of expectations.
Political Revenue Decline: Political revenue in Q3 was $3.7 million, down from $4.5 million in Q3 2020, indicating a significant drop in this revenue stream.
Live Events Revenue Decline: The live events segment generated $1 million in revenue in Q3, a decline of 37% year-over-year, highlighting struggles in this area.
TSQ FAQs
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TSQ Earning Call Sentiment
Townsquare Media, Inc. (TSQ) Q3 2024 Earnings Call Transcript
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TSQ.N
0.33%Positive
The earnings call reveals mixed financial performance with concerns such as declining national broadcast revenue, subscriber losses, and high net leverage. Despite some positive aspects like digital advertising growth and shareholder returns, the Q&A section highlights ongoing challenges in national advertising and uncertain recovery prospects. The company's cautious outlook and financial risks, including debt management, overshadow the positives, leading to a negative sentiment prediction.
