Reve-News: Beasley reported Q1 2025 net revenue of $48.9 million, down 10.1% from $54.4m the same period last year, and off 8.5% on a same-station basis, largely due to a decline in agency revenue. This is the lowest revenue quarter for the company since Q1 2021. Operating loss was $2m, compared to a loss of $1.1m in Q1 2024. Digital revenue was off slightly from $11m to $10.8m. "We believe Beasley is well-positioned to navigate short-term market challenges while building a more durable and diversified revenue base," says CEO Caroline Beasley. Full release here.

Townsquare reported Q1 net revenue of $98.7 million, off 1% from $99.6m in the same period last year. It is the lowest revenue quarter since Q1 2021. The company saw a net loss of $1.5m, compared to income of $1.6m a year ago. Adjusted EBITDA increased 3.5% to $18.1m compared to $17.5m last year. Digital represented 57% of revenue in the quarter. "Sometimes it takes a challenging macroeconomic environment to serve the purpose of highlighting how truly differentiated Townsquare is from others in local media," says CEO Bill Wilson. Full release here.

Saga Communications reported Q1 net revenue of $24.2 million, down 4.3% from $25.3m in the same period last year. Station operating expense was $22m, a 2.2% decrease year-over-year. The company had an operating loss of $2.3m compared to a loss of $2.4m in the same period last year. Full release here.