secwatch.observer — SEC 8-K summary
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Issuer:     BEASLEY BROADCAST GROUP INC (BBGI)
CIK:        0001099160
Form:       8-K
Filed at:   2025-03-20T23:59:59+00:00
Accession:  0000950170-25-042635
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beasley Broadcast Q4 revenue $67.3M (+2.3% YoY); net loss $2.1M vs prior year income
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- Net loss of $2.1M ($1.17 diluted EPS) vs net income of $6.4M ($4.25 EPS) in Q4 2023; driven by one-time costs from debt exchange and severance.
- EBITDA per Indenture (non-GAAP) improved to $12.5M from $6.2M YoY, reflecting expense reductions.
- Digital revenue $11.5M (-4.1% YoY) in Q4; full-year digital revenue $46.7M (+2.9% YoY) now 19.4% of total.
- Achieved ~$20M in annualized expense reductions through workforce realignment and operational efficiencies.
- Political advertising contributed $8.3M in Q4, offsetting soft commercial ad market and divestiture impacts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099160/000095017025042635/0000950170-25-042635-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099160/000095017025042635/bbgi-20250320.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-042635

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