How Strong Was Townsquare’s Q4?


    “We reaped the benefits of a diversified platform.” That’s the key assessment of how 2016 fared for  Townsquare Media  from its Chairman/CEO  Steven Price , and a strong Q4 is a big reason why this owner of AM and FM stations in small- and medium-sized markets maintains an upbeat outlook for what lies ahead in 2017. “We feel we are well-positioned across our local market footprint,” Price said in a pre-Opening Bell conference call with financial analysts on Monday (3/13). In Q4, Townsquare Media saw its net revenue climb to $119.5 million, from $113 million. Net income moved ahead to $3.2 million, from $2.4 million. Adjusted EBITDA climbed to $24.9 million, from $21.1 million.

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    How Strong Was Townsquare’s Q4?

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