earnings
confidence high
sentiment neutral
materiality 0.65
Beasley Q4 revenue up 3.3% to $70.7M; operating income falls to $6.5M
BEASLEY BROADCAST GROUP INC
2021-FY EPS reported
-$0.05
revenue$241,426,308
- Net revenue $70.7M, +3.3% YoY, driven by audio/digital ad recovery; political revenue declined.
- Operating income $6.5M vs $19.6M YoY, reflecting higher digital agency costs and expense normalization.
- Net income $10.6M ($0.36 diluted) vs $11.0M ($0.38); included $10M PPP loan forgiveness gain.
- Station operating income (non-GAAP) $13.9M vs $20.1M YoY.
- Digital revenue rose 47.3% YoY, reaching 15% of total Q4 revenue; debt $300M, cash $51.4M.