secwatch.observer — SEC 8-K summary
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Issuer:     BEASLEY BROADCAST GROUP INC (BBGI)
CIK:        0001099160
Form:       8-K
Filed at:   2026-05-13T13:00:15+00:00
Accession:  0001193125-26-220728
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beasley Q1 rev $42.6M (-12.9% YoY); net income $3.2M ($1.77/dil EPS) vs prior yr loss
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- Net revenue $42.6M, down 12.9% YoY (same-station -6.7%); net income $3.2M ($1.77/dil EPS) vs loss of $2.7M ($1.50 loss) in Q1 2025.
- Adjusted EBITDA -$0.4M vs $1.1M in Q1 2025; operating income $7.7M boosted by Fort Myers station sale.
- Digital revenue $10.7M flat YoY but +18.2% on same-station basis; digital margin 15.5%, now 25% of net revenue.
- Cash interest expense $3.3M unchanged; completed May 1 second lien restructuring, first lien repurchase, and new ABL facility.
- New business 11% of revenue; local revenue 75%; management sees revenue stability in markets with stronger digital adoption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1099160/000119312526220728/0001193125-26-220728-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1099160/000119312526220728/bbgi-20260513.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-220728

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