2023-03-09 06:12:10 ET
- Townsquare Media press release ( NYSE: TSQ ): Q4 Non-GAAP EPS of $0.66 beats by $0.17 .
- Revenue of $120.28M (+8.8% Y/Y) beats by $2.46M .
- Total Digital net revenue increased 11.9%
- Digital Advertising net revenue increased 16.9%
- Subscription Digital Marketing Solutions net revenue increased 4.4%
- Broadcast Advertising net revenue increased 4.0%
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For the first quarter of 2023, net revenue is expected to be between $100.0 million and $102.0 million (-0.2% to +1.8% as compared to the prior year), and Adjusted EBITDA is expected to be between $17.5 million and $18.5 million.
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For the full year 2023, net revenue is expected to be between approximately $450 million and $470 million (-2.8% to +1.5% as compared to the prior year), and Adjusted EBITDA is expected to be between approximately $100 million and $110 million.
For further details see:
Townsquare Media Non-GAAP EPS of $0.66 beats by $0.17, revenue of $120.28M beats by $2.46M