Beasley Q3 revenue $58.2M (-3.2% YoY); net loss narrows to $3.6M from $67.5M

BEASLEY BROADCAST GROUP INC

2024-Q3 EPS reported -$2.52 vs consensus $0.00 ▼ miss (-252000000.0%)

Net revenue $58.2M, down 3.2% YoY; same-station revenue up 0.5%.
Operating income $1.2M vs operating loss $85.5M a year ago (prior year included $88.8M impairment).
Net loss $3.6M ($2.33/diluted share) vs net loss $67.5M ($45.08/diluted share) in Q3 2023.
Adjusted EBITDA $5.6M, down from $6.0M; political revenue $2.7M; digital same-station revenue up 11.7% to $11.1M, 19.4% of net revenue.

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