Townsquare Media, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2022
March 10, 2022 at 06:00 am
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Townsquare Media, Inc. provided earnings guidance for the first quarter and full year of 2022. For the first quarter of 2022, net revenue is expected to be between $97.5 million and $99.5 million and Adjusted EBITDA is expected to be between $21.0 million and $22.0 million.
For the full year 2022, net revenue is expected to be between $460 and $475 million and Adjusted EBITDA is expected to be between $115 million and $120 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. 
