---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-037972"
form_type: "8-K"
ticker: "BBGI"
cik: "0001099160"
company_name: "BEASLEY BROADCAST GROUP INC"
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:09:53.916861+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Beasley Q2 net loss narrows to $10.4M; Adj. EBITDA up 17% to $7.7M; digital revenue grows 15%

## Summary
- Net loss of $10.4M ($0.35 diluted EPS) vs $14.5M loss ($0.49) in Q2 2022; includes $10.0M non-cash impairment.
- Revenue $63.5M, down 2.1% YoY; digital revenue grew 14.8% to 19.4% of total revenue.
- Adjusted EBITDA $7.7M (+16.8% YoY); operating expenses down 4.3% YoY.
- Repurchased $3M of debt at discount; total debt $287M; cash $35.5M at quarter end.
- Management reaffirms expectation of positive cash flow for full year 2023.

## SEC filing metadata
- accession: 0000950170-23-037972
- form_type: 8-K
- ticker: BBGI
- cik: 0001099160
- company_name: BEASLEY BROADCAST GROUP INC
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099160/000095017023037972/0000950170-23-037972-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099160/000095017023037972/bbgi-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-037972
- JSON: https://secwatch.observer/filing/0000950170-23-037972.json
- Plain text: https://secwatch.observer/filing/0000950170-23-037972.txt

## Key facts
- Earnings Releases
  BEASLEY BROADCAST GROUP INC reported the fiscal quarter ended June 30, 2023 results: revenue $63.5 million, net income $(10.4) million, EPS $(0.35) per diluted share.
  - Period: the fiscal quarter ended June 30, 2023
  - Revenue: $63.5 million
  - Net income: $(10.4) million
  - EPS: $(0.35) per diluted share
  - Result: reported results
  source text: Chief Executive Officer JCIR Beasley Broadcast Group, Inc. 212/835-8500 or bbgi@jcir.com 239/263-5000 or ir@bbgi.com BEASLEY BROADCAST GROUP REPORTS SECOND QUARTER REVENUE OF $63.5 MILLION 14.8% Digital Revenue Growth and Expense Management Lead to a $4.1 Million Reduction in Net Loss and a 16.8% Increase in Adjusted EBITDA NAPLES, Florida, August 3, 2023 – Beasley
  evidence_url: https://www.sec.gov/Archives/edgar/data/1099160/000095017023037972/0000950170-23-037972-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.