secwatch.observer — SEC 8-K summary
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Issuer:     BEASLEY BROADCAST GROUP INC (BBGI)
CIK:        0001099160
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001193125-22-279044
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beasley Q3 revenue up 1.5% to $63.8M, net income $0.5M vs loss last year
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- Net revenue $63.8M, up 1.5% YoY; digital revenue +23.1% to 16% of total.
- Net income $0.5M ($0.02 diluted EPS) vs net loss $1.6M (-$0.06) in Q3 2021.
- Station operating income (non-GAAP) $12.3M, up 5.1% YoY.
- Repurchased $5.0M senior secured notes at 77% of par, gain of $1.0M; total debt $290M.
- Implemented ~$10M in expense reductions, half from headcount cuts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099160/000119312522279044/0001193125-22-279044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099160/000119312522279044/d274361d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-279044

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