secwatch.observer — SEC 8-K summary
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Issuer:     BEASLEY BROADCAST GROUP INC (BBGI)
CIK:        0001099160
Form:       8-K
Filed at:   2025-11-10T23:59:59+00:00
Accession:  0001193125-25-273399
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beasley Broadcast Q3 revenue $51M (-12.4% YoY); operating loss of $0.3M
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- Net revenue $51.0M, down 12.4% YoY; operating loss of $0.3M vs income $1.2M in Q3 2024.
- Net loss $3.6M ($1.97/diluted share) vs $3.6M ($2.33) prior year; adj EBITDA $3.9M vs $6.5M.
- Digital revenue grew 14.6% YoY to $13.0M (25% of total); same-station digital up 28.5%.
- Closed sale of WPBB-FM for $8.0M; entered agreements for sale of Ft. Myers assets (pending FCC).
- Year-to-date cost reductions of $15M; management cites continued softness in agency advertising market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099160/000119312525273399/0001193125-25-273399-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099160/000119312525273399/bbgi-20251110.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-273399

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