TSQ’s Coming Quarters: Minimal Ad Weakness On Chip Shortages


With its shares on the rise in pre-market trading on Tuesday following the release of third quarter results that are highly encouraging, Townsquare Media is cautiously optimistic that chip shortages and supply chain issues will bring negligible impacts to the company’s Q4 and early 2022 ad revenue results.

But, Townsquare is cushioned by its local digital business. For peers that are more reliant on radio station ad revenue driving the bottom line, the coming weeks may be ones full of nail biting.

Join Townsquare Media CEO Bill Wilson and some of Wall Street’s top financial voices on November 16 at Forecast 2022, at the Harvard Club in Midtown Manhattan. There’s still a seat with your name on it, but you’ll need to act fast, as this limited-capacity event is filling up fast. Join Wilson and such analysts as Drew Marcus, Senior Advisor at Guggenheim Securities; Steven Cahall, Managing Director and Sr Equity Media/Cable Analyst at Wells Fargo Securities; and Christopher Ensley, Managing Director/TMT at Noble Capital Markets.

To do so and to view the entire agenda, please visit www.radioinkforecast.com now.

Please Login to view this premium content. (Not a member? Join Today!)