secwatch.observer — SEC 8-K summary
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Issuer:     BEASLEY BROADCAST GROUP INC (BBGI)
CIK:        0001099160
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0000950170-24-121469
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099160/000095017024121469/0000950170-24-121469-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099160/000095017024121469/bbgi-20241105.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-121469

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer