Townsquare Media Inc

NYSE TSQ

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Townsquare Media Inc Gross Profit Margin for the year ending December 31, 2023: 23.30%

Townsquare Media Inc Gross Profit Margin is 23.30% for the year ending December 31, 2023, a -21.90% change year over year. Gross Profit Margin represents the percentage of revenue that represents gross profit, indicating the efficiency of a company's production and pricing.
  • Townsquare Media Inc Gross Profit Margin for the year ending December 31, 2022 was 29.83%, a -3.83% change year over year.
  • Townsquare Media Inc Gross Profit Margin for the year ending December 31, 2021 was 31.02%, a 29.44% change year over year.
  • Townsquare Media Inc Gross Profit Margin for the year ending December 31, 2020 was 23.96%, a -21.07% change year over year.
  • Townsquare Media Inc Gross Profit Margin for the year ending December 31, 2019 was 30.36%, a 5.66% change year over year.
NYSE: TSQ

Townsquare Media Inc

CEO Mr. Steven Price
IPO Date Jan. 25, 2000
Location United States
Headquarters One Manhattanville Road, Purchase, NY, United States, 10577
Employees 2,159
Sector Communication Services
Industry Advertising agencies
Description

Townsquare Media, Inc. operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers website design, creation, and development, as well as hosting services; and search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer management, and email and SMS marketing services. The Digital Advertising segment provides digital advertising on its owned and operated, digital programmatic advertising, and data analytics and management platform. The Broadcast Advertising segment engages in the sale of advertising on local radio stations to local, regional, and national spot advertisers, as well as national network advertisers. It also owns and operates live events, including concerts, expositions, and other experiential events; and operates local media under the WYRK.com, WJON.com, and NJ101.5.com brands, as well as national music under the XXLmag.com, TasteofCountry.com, UltimateClassicRock.com, and Loudwire.com brands. The company was formerly known as Regent Communications, Inc. and changed its name to Townsquare Media, Inc. in May 2010. Townsquare Media, Inc. is headquartered in Purchase, New York.

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StockViz Staff

September 16, 2024

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