---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-118478"
form_type: "8-K"
ticker: "BBGI"
cik: "0001099160"
company_name: "BEASLEY BROADCAST GROUP INC"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T11:41:52.136268+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Beasley Broadcast Q1 revenue up 3.7% to $57.8M; SOI up 21%, net loss narrows to $0.12/share

## Summary
- Net revenue $57.8M (+3.7% YoY); operating income $0.4M vs loss of $2.7M in Q1 2022.
- Station operating income (non-GAAP) $7.1M, up 21% from $5.9M a year ago.
- Digital revenue grew 27.8% YoY, representing 17.3% of total revenue; unique users more than doubled.
- Net loss $3.5M ($0.12 diluted EPS) vs $3.7M ($0.13) prior year; Q1 2022 included $1.9M impairment.
- Debt $290M, cash $35.9M; no specific guidance change, but expects Q2 improvement cautiously.

## SEC filing metadata
- accession: 0001193125-23-118478
- form_type: 8-K
- ticker: BBGI
- cik: 0001099160
- company_name: BEASLEY BROADCAST GROUP INC
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1099160/000119312523118478/0001193125-23-118478-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1099160/000119312523118478/d497385d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-118478
- JSON: https://secwatch.observer/filing/0001193125-23-118478.json
- Plain text: https://secwatch.observer/filing/0001193125-23-118478.txt

## Key facts
- Earnings Releases
  BEASLEY BROADCAST GROUP INC reported the fiscal quarter ended March 31, 2023 results: revenue $57.8 million, net income net loss of $3.5 million, EPS $0.12 per diluted share.
  - Period: the fiscal quarter ended March 31, 2023
  - Revenue: $57.8 million
  - Net income: net loss of $3.5 million
  - EPS: $0.12 per diluted share
  - Result: reported results
  source text: Chief Executive Officer JCIR Beasley Broadcast Group, Inc. 212/835-8500 or bbgi@jcir.com 239/263-5000 or ir@bbgi.com BEASLEY BROADCAST GROUP FIRST QUARTER REVENUE INCREASES TO $57.8 MILLION First Quarter Revenue Growth Driven by Continued Digital Growth Leading to Significant Cash Flow Increase NAPLES, Florida, April 26, 2023 – Beasley Broadcast Group, Inc. (Nasdaq:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1099160/000119312523118478/0001193125-23-118478-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
