Townsquare Media, Inc. Provides Revenue Guidance for the Third Quarter of 2021
August 03, 2021 at 01:00 pm
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Townsquare Media, Inc. provided revenue guidance for the third quarter of 2021. The company expects third quarter net revenue to increase approximately 11% to 14% to be between $106 million and $109 million. As compared to the third quarter of 2019, this represents a decline of 3% to 6%.
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. 
