---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-013884"
form_type: "8-K"
ticker: "BBGI"
cik: "0001099160"
company_name: "BEASLEY BROADCAST GROUP INC"
filed_at: "2024-02-12T23:59:59+00:00"
generated_at: "2026-06-06T04:08:18.751851+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Beasley Q4 net income $6.4M ($0.21/diluted); digital 18.4% of FY revenue; debt down $23M

## Summary
- Q4 net revenue $65.7M (down 9% YoY); diluted EPS $0.21 vs ($0.83) loss prior year.
- Q4 Adjusted EBITDA $4.7M (down $5.2M YoY) reflecting lower revenue and political cycle.
- Full-year digital revenue up 11.4% to 18.4% of total; targeting 20-25% in 2024.
- Sold WJBR-FM for $5M; received $6M Overwatch league franchise fee extinguishment from Activision.
- Repurchased $20M senior notes at discount; total debt reduction $23M in 2023.

## SEC filing metadata
- accession: 0000950170-24-013884
- form_type: 8-K
- ticker: BBGI
- cik: 0001099160
- company_name: BEASLEY BROADCAST GROUP INC
- filed_at: 2024-02-12T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099160/000095017024013884/0000950170-24-013884-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099160/000095017024013884/bbgi-20240212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-013884
- JSON: https://secwatch.observer/filing/0000950170-24-013884.json
- Plain text: https://secwatch.observer/filing/0000950170-24-013884.txt

## Key facts
- Earnings Releases
  BEASLEY BROADCAST GROUP INC reported three- and twelve-month periods ended December 31, 2023 results: revenue $65.7 million, net income $6.4 million, EPS $0.21 per diluted share.
  - Period: three- and twelve-month periods ended December 31, 2023
  - Revenue: $65.7 million
  - Net income: $6.4 million
  - EPS: $0.21 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 FOURTH QUARTER REVENUE OF $65.7 MILLION AND DILUTED EPS OF $0.21 NAPLES, Florida, February 12, 2024 – Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (“Beasley” or the “Company”), a multi-platform media company, today
  evidence_url: https://www.sec.gov/Archives/edgar/data/1099160/000095017024013884/0000950170-24-013884-index.htm

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