PURCHASE, N.Y., May 26, 2020 /PRNewswire/ -- Townsquare Media,
Inc. (NYSE: TSQ) ("Townsquare," the "Company," or "we,") announced
today that it has rescheduled the release of its first quarter 2020
financial results to before the market opens on Monday, June 15, 2020. The Company will host a
conference call to discuss certain first quarter 2020 financial
results on Monday, June 15, 2020 at
8:00 a.m. Eastern Time.
The rescheduled date will provide the Company, together with
both its current and former independent accounting firms,
additional time to complete the financial statements for the Annual
Report on Form 10-K for the fiscal year ended December 31, 2019, and for the Quarterly Report
on Form 10-Q for the quarter ended March
31, 2020. We presently intend to file both the Form
10-K and the Form 10-Q on or by June 15,
2020, enabling the Company to discuss its complete financial
results on the first quarter earnings call. At that time, we
will also discuss business updates for each of our reporting
segments for April and May 2020.
The conference call dial-in number is 1-877-407-0784 (U.S. &
Canada) or 1-201-689-8560
(International) and the confirmation code is 13704545. A live
webcast of the conference call as well as the press release
disclosing the Company's results will be available on the equity
investor relations page of the Company's website at
www.townsquaremedia.com.
A telephone replay of the conference call will be available
through June 22, 2020. To access the
replay, please dial 1-844-512-2921 (U.S. & Canada) or 1-412-317-6671 (International) and
enter confirmation code 13704545. A web-based archive of the
conference call will also be available on the equity investor
relations page of the Company's website.
Forward-Looking Statements
Except for the historical
information contained in this press release, the matters addressed
are forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are based on management's current expectations or
beliefs about the Company's future plans, expectations and
objectives. You can identify forward-looking statements by the fact
that they do not relate strictly to historical or current facts.
These statements may include words such as "aim," "anticipate,"
"estimate," "expect," "forecast," "outlook," "potential,"
"project," "projection," "plan," "intend," "seek," "believe,"
"may," "could," "would," "will," "should," "can," "can have,"
"likely," the negatives thereof and other words and terms. By
nature, forward-looking statements involve risks and uncertainties
that could cause actual results to differ materially from those
projected or implied by the forward-looking statements.
Forward-looking statements are based on current expectations and
assumptions and currently available data and are neither
predictions nor guarantees of future events or performance. You
should not place undue reliance on forward-looking statements,
which speak only as of the date hereof or as of the date specified
herein. Risks and uncertainties that could cause actual results to
differ materially from those described in these forward-looking
statements include, but are not limited to, our ability, and the
ability of our current and former independent registered public
accounting firms, to finalize our audited financial statements for
the year ended December 31, 2019 and
our financial statements for the quarter ended March 31, 2020, and certain other events,
including disease outbreaks and pandemics such as coronavirus. See
"Risk Factors" and "Forward-Looking Statements" included in our
Annual Report on Form 10-K for the year ended December 31, 2018, filed with the Securities and
Exchange Commission (the "SEC") on March 12,
2019, and subsequent filings with the SEC, for a discussion
of additional factors that could have a material impact on our
business. Townsquare Media, Inc. assumes no responsibility to
update any forward-looking statement as a result of new
information, future events or otherwise.
About Townsquare Media, Inc.
Townsquare is a radio,
digital media, entertainment and digital marketing solutions
company principally focused on being the premier local advertising
and marketing solutions platform in small and mid-sized markets
across the U.S. Our assets include 321 radio stations and more than
330 local websites in 67 U.S. markets, a digital marketing
solutions company (Townsquare Interactive) serving approximately
19,000 small to medium sized businesses, a proprietary digital
programmatic advertising platform (Townsquare Ignite) and
approximately 200 live events each year. Our brands include
local media assets such as WYRK, KLAQ, K2 and
NJ101.5; iconic local and regional events such as
WYRK's Taste of Country, the Boise Music
Festival, the Red Dirt BBQ & Music Festival and
Taste of Fort Collins; and leading tastemaker music and
entertainment websites such as XXLmag.com,
TasteofCountry.com and Loudwire.com. For more
information, please visit www.townsquaremedia.com,
www.townsquareinteractive.com, and www.townsquareignite.com.
Investor Relations
Claire
Yenicay
(203) 900-5555
investors@townsquaremedia.com
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SOURCE Townsquare Media, Inc.