{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-055597","form_type":"8-K","ticker":"BBGI","cik":"0001099160","company_name":"BEASLEY BROADCAST GROUP INC","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.279446+00:00","generated_at":"2026-06-02T08:39:48.446232+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Beasley Q1 revenue down 5.9% to $54.4M; net income tiny as $6M gain offsets operating loss","bullets":["Q1 revenue $54.4M, down 5.9% YoY from $57.8M, due to audio advertising softness and divestitures.","Operating loss of $1.1M vs operating income of $0.4M in prior year.","Net income ~$8k ($0.00/diluted) vs net loss of $3.5M (-$0.12); includes $6.0M gain on BMI sale.","Adjusted EBITDA fell to $0.7M from $2.6M year-over-year.","Digital revenue grew 10% YoY to $11M (20% of total); 2024 guidance for digital at 20–25% of total."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-055597","json":"https://secwatch.observer/filing/0000950170-24-055597.json","markdown":"https://secwatch.observer/filing/0000950170-24-055597.md","text":"https://secwatch.observer/filing/0000950170-24-055597.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1099160/000095017024055597/0000950170-24-055597-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1099160/000095017024055597/bbgi-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T08:39:48.446232+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":"f1cd25ca8e456599ad4f73c5a7c1867e5f3788ad","claim":"BEASLEY BROADCAST GROUP INC reported the three-month period ended March 31, 2024 results: revenue $54.4 million, net income $0.00 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 FIRST QUARTER REVENUE OF $54.4 MILLION NAPLES, Florida, May 8, 2024 – Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (“Beasley” or the “Company”), a multi-platform media company, today announced operating results for","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1099160/000095017024055597/0000950170-24-055597-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three-month period ended March 31, 2024"},{"label":"Revenue","value":"$54.4 million"},{"label":"Net income","value":"$0.00 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"}