The first of the broadcast media industry’s second quarter 2021 results arrived just before sunrise Tuesday (8/3), as Townsquare Media released its financial report card for the three months ending June 30.
How did the “digital first” owner of 322 radio stations located in markets outside the top 50 perform? Townsquare Media’s adjusted EBITDA in Q2 was the highest seen in company history.
That’s just one of the positives that helped the company sail past its own estimates and those of Zacks Equity Research.
