Townsquare Media LLC | 10-Q: FY2025 Q3 Revenue Misses Estimate at USD 106.76 M

Revenue: As of FY2025 Q3, the actual value is USD 106.76 M, missing the estimate of USD 107.99 M.

EPS: As of FY2025 Q3, the actual value is USD -0.36, missing the estimate of USD 0.065.

EBIT: As of FY2025 Q3, the actual value is USD 18.54 M.

Digital Advertising

• Net Revenue: $40.2 million for Q3 2025, a decrease of $0.6 million or 1.5% compared to Q3 2024.
• Direct Operating Expenses: $31.6 million for Q3 2025, an increase of $1.5 million or 5.1% compared to Q3 2024.
• Segment Profit: $8.6 million for Q3 2025, a decrease of $2.2 million or 20.1% compared to Q3 2024.

Subscription Digital Marketing Solutions

• Net Revenue: $18.6 million for Q3 2025, a decrease of $0.4 million or 2.3% compared to Q3 2024.
• Direct Operating Expenses: $12.4 million for Q3 2025, a decrease of $1.5 million or 10.8% compared to Q3 2024.
• Segment Profit: $6.2 million for Q3 2025, an increase of $1.1 million or 21.1% compared to Q3 2024.

Broadcast Advertising

• Net Revenue: $47.0 million for Q3 2025, a decrease of $7.5 million or 13.8% compared to Q3 2024.
• Direct Operating Expenses: $33.6 million for Q3 2025, a decrease of $4.9 million or 12.8% compared to Q3 2024.
• Segment Profit: $13.4 million for Q3 2025, a decrease of $2.6 million or 16.3% compared to Q3 2024.

Other

• Net Revenue: $0.9 million for Q3 2025, an increase of $0.04 million or 4.9% compared to Q3 2024.
• Direct Operating Expenses: $1.1 million for Q3 2025, a decrease of $0.1 million or 11.0% compared to Q3 2024.
• Segment Profit: -$0.2 million for Q3 2025, an increase of $0.2 million or 45.8% compared to Q3 2024.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue monitoring economic conditions closely and may institute precautionary measures such as wage reduction efforts and controlling non-essential capital expenditures in response to observed or anticipated reductions in revenue.
• Non-Core Business: The company is evaluating and considering strategic acquisitions and divestitures to enhance its strategic and competitive position as well as its financial performance.
• Priority: The company believes that its cash generated from operations should be sufficient to meet its liquidity needs for at least the next 12 months.