{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-057453","form_type":"8-K","ticker":"BBGI","cik":"0001099160","company_name":"BEASLEY BROADCAST GROUP INC","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.217199+00:00","generated_at":"2026-06-09T01:59:12.928216+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Beasley Q3 revenue $60.1M, net loss $67.5M on $88.8M impairment; digital up 9.1%","bullets":["Net loss $67.5M ($2.25/diluted share) vs net income $0.5M ($0.02) a year ago; includes $88.8M non-cash impairment.","Revenue $60.1M, down 5.8% YoY from $63.8M; digital revenue grew 9.1% to 18.6% of total.","Adjusted EBITDA $5.5M vs $7.2M; operating expenses down 2.7%, corporate expenses down 12.5%.","Post-Q3: sold WJBR-FM for $5M, used proceeds to repurchase $10M senior secured notes at discount; debt reduced $13M YTD.","New local business revenue up 22% YoY; company expects positive cash flow in Q4 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-057453","json":"https://secwatch.observer/filing/0000950170-23-057453.json","markdown":"https://secwatch.observer/filing/0000950170-23-057453.md","text":"https://secwatch.observer/filing/0000950170-23-057453.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1099160/000095017023057453/0000950170-23-057453-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1099160/000095017023057453/bbgi-20231101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T01:59:12.928216+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"10ff1e038283aaa6177c113bdc166a81a2249d63","claim":"BEASLEY BROADCAST GROUP INC reported the fiscal quarter ended September 30, 2023 results: revenue $60.1 million, net income Net loss of $67.5 million, EPS ($2.25) per diluted share.","evidence_excerpt":"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 THIRD QUARTER REVENUE OF $60.1 MILLION 9.1% Digital Revenue Growth with Digital Accounting for 18.6% of Quarterly Revenue; Third Quarter Net Loss of $67.5 Million, Inclusive of $88.8 million of Non-Cash Impairment","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1099160/000095017023057453/0000950170-23-057453-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended September 30, 2023"},{"label":"Revenue","value":"$60.1 million"},{"label":"Net income","value":"Net loss of $67.5 million"},{"label":"EPS","value":"($2.25) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}