PURCHASE, N.Y. — The results are a reflection of “our team’s hard work in the current environment,” says Townsquare Media CEO Bill Wilson, as the “Local First” media company that derives more than half of its revenue from digital saw total dollars in Q4 2025 meet its previously expressed expectations.
That said, “strong expense management” helped the NYSE-traded operator of radio stations in mid-sized and small U.S. markets in seeing year-over-year adjusted EBITDA margins that were “constant,” ex-political.
