Townsquare Media LLC

Q2 FY2026 EarningsQ2 FY2026 results were in-line with revenue expectations at $115.4M vs. $114.7M consensus, while Adjusted EPS of $0.21 beat the $0.19 consensus. Digital Advertising revenue accelerated to +11% YoY, offsetting an 8.5% decline in Subscription Digital Marketing. A massive $26.6M non-cash impairment charge on FCC licenses led to a GAAP net loss of $41.8M, significantly missing GAAP estimates. Full-year FY26 revenue guidance remains consistent with consensus at $425M - $431M.