Townsquare: Q3 Earnings Snapshot

Audio By Carbonatix

PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Townsquare Media Inc. (TSQ) on Thursday reported net income of $10.8 million in its third quarter.

On a per-share basis, the Purchase, New York-based company said it had net income of 63 cents. Earnings, adjusted for non-recurring gains, came to 35 cents per share.

The operator of radio stations in small and mid-sized markets posted revenue of $115.3 million in the period.

For the current quarter ending in December, Townsquare said it expects revenue in the range of $114.8 million to $118.8 million.

The company expects full-year revenue in the range of $448 million to $452 million.

_____

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