PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — Townsquare Media Inc. (TSQ) on Monday reported profit of $2.8 million in its first quarter.
On a per-share basis, the Purchase, New York-based company said it had profit of 16 cents. Losses, adjusted for non-recurring gains, came to 16 cents per share.
The operator of radio stations in small and mid-sized markets posted revenue of $96.8 million in the period.
For the current quarter ending in June, Townsquare said it expects revenue in the range of $114 million to $116 million.
The company expects full-year revenue in the range of $420 million to $440 million.
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