Townsquare: Q4 Earnings Snapshot

Associated Press Finance
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PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Townsquare Media Inc. (TSQ) on Friday reported a loss of $2.3 million in its fourth quarter.

On a per-share basis, the Purchase, New York-based company said it had a loss of 14 cents. Earnings, adjusted for non-recurring costs, came to 34 cents per share.

The operator of radio stations in small and mid-sized markets posted revenue of $114.8 million in the period.

For the year, the company reported a loss of $45 million, or $2.68 per share. Revenue was reported as $454.2 million.

For the current quarter ending in March, Townsquare said it expects revenue in the range of $98.5 million to $100 million.

The company expects full-year revenue in the range of $440 million to $460 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TSQ at https://www.zacks.com/ap/TSQ

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