Townsquare Media Inc. announced its financial results for the second quarter of 2025, reporting that net revenue decreased by 1.6% year-over-year excluding political factors and by 2.3% in total, in line with the company's guidance. Adjusted EBITDA increased by 3.8% excluding political factors and by 0.7% in total, surpassing guidance expectations. The company also reported a significant improvement in net income, which increased by $50.9 million year-over-year to reach $2.0 million. Digital operations were a highlight for the company, with total Digital net revenue rising by 4.1% year-over-year in the first half of 2025. This growth was attributed to increases in Digital Advertising net revenue by 4.8% and Subscription Digital Marketing Solutions net revenue by 2.8%. Digital segments also achieved strong Segment Profit growth of 9.4% compared to the previous year, operating at a 27% profit margin. Digital activities accounted for 55% of Townsquare's total net revenue and 56% of total Segment Profit in the first half of the year. Additionally, Townsquare Media repurchased $10 million of debt in the second quarter of 2025 and a total of $13 million since refinancing in February 2025. The company declared a quarterly cash dividend of $0.20 per share, payable on November 3, 2025, to shareholders of record as of October 27, 2025. The dividend yield is approximately 12% based on the last closing price.