secwatch.observer — SEC 8-K summary
======================================

Issuer:     BEASLEY BROADCAST GROUP INC (BBGI)
CIK:        0001099160
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001193125-23-118478
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099160/000119312523118478/0001193125-23-118478-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099160/000119312523118478/d497385d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-118478

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