secwatch.observer — SEC 8-K summary
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Issuer:     BEASLEY BROADCAST GROUP INC (BBGI)
CIK:        0001099160
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0000950170-25-065608
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beasley Q1 revenue $48.9M, down 10.1% YoY; net loss $2.7M
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- Net revenue $48.9M, down 10.1% YoY (8.5% same-station) driven by agency revenue softness and closure of Guarantee Digital and esports.
- Operating loss of $2.0M vs $1.1M loss in Q1 2024; net loss of $2.7M ($1.50 diluted EPS) vs net income of $8K a year ago.
- Adjusted EBITDA improved to $1.1M from $0.9M, reflecting cost management and streaming initiatives.
- Digital revenue $10.8M (22% of total), up 6% same-station YoY; digital segment operating margin 18%.
- New business contributed 18% of net revenue; local revenue including digital packages was 71% of net revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099160/000095017025065608/0000950170-25-065608-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099160/000095017025065608/bbgi-20250507.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-065608

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