Townsquare Media, Inc. Provides Revenue Guidance for the First Quarter and Full Year 2024
April 01, 2024 at 11:00 am
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Townsquare Media, Inc. provided revenue guidance for the first quarter and full year 2024. For the quarter, the company expects net revenue guidance to be between $98.5 million and $100 million.
For the full year 2024, net revenue guidance is reaffirmed to be between approximately $440 million and $460 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.