secwatch.observer — SEC 8-K summary
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Issuer:     BEASLEY BROADCAST GROUP INC (BBGI)
CIK:        0001099160
Form:       8-K
Filed at:   2026-04-08T23:59:59+00:00
Accession:  0001193125-26-146436
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beasley Q4 revenue $53.1M, down 21% YoY; records $224.8M FCC license impairment
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- Net loss of $190.1M ($105.40 diluted EPS) vs net loss of $2.1M ($1.17) in Q4 2024.
- Adjusted EBITDA fell to $0.8M from $10.7M in prior-year quarter, reflecting lower revenue.
- Digital revenue grew 9.7% YoY to $12.6M, representing 23.7% of net revenue.
- Company expects debt-exchange closing by end of April 2026 to reduce total debt to ~$110M from $220M.
- Completed asset sales of $26M; $30M in annualized cost cuts executed over past 18 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099160/000119312526146436/0001193125-26-146436-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099160/000119312526146436/bbgi-20260408.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-146436

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