Townsquare Media Inc

NYSE TSQ

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Townsquare Media Inc Pre-Tax Margin for the quarter ending March 31, 2024: 9.75%

Townsquare Media Inc Pre-Tax Margin is 9.75% for the quarter ending March 31, 2024, a -26.88% change year over year. Pre-tax margin represents the proportion of a company's earnings before taxes (EBT) to its revenue. It is calculated by dividing the EBT by the revenue. This ratio indicates the profitability of the company's operations before the impact of taxes. A higher pre-tax margin suggests that the company generates a larger proportion of revenue as pre-tax profit, indicating stronger operational performance and efficiency.

Townsquare Media Inc Pre-Tax Margin for the quarter ending March 31, 2023 was 13.34%, a -15.46% change year over year.
Townsquare Media Inc Pre-Tax Margin for the quarter ending March 31, 2022 was 15.78%, a -2.32% change year over year.
Townsquare Media Inc Pre-Tax Margin for the quarter ending March 31, 2021 was 16.15%, a 5.28% change year over year.
Townsquare Media Inc Pre-Tax Margin for the quarter ending March 31, 2020 was 15.34%, a 19.28% 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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