Highest-materiality recent filing
Beasley Broadcast amends charter to allow conversion of $98.5M PIK notes into 95% of equity
On May 1, 2026, subsidiary issued $98,475,254 of 10% PIK notes due 2027; convertible after Dec 31, 2027 or upon default.
Beasley Q1 rev $42.6M (-12.9% YoY); net income $3.2M ($1.77/dil EPS) vs prior yr loss
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.
Beasley completes exchange of $184M second-lien notes for $98.5M PIK notes, new $35M ABL facility
Exchanged $184.1M of 9.200% Second Lien Notes for $98.5M of new 10% PIK Notes due 2027 at $500 per $1,000 principal plus 50% accrued interest.
Beasley Broadcast completes exchange of 99.53% of second lien notes; debt reduction of ~$92M
Exchanged $184M of 9.200% Second Lien Notes due 2028 for new 10.000% PIK Notes due 2027 at 50% ratio ($500 per $1,000), reducing principal by approx 50%.
Beasley Broadcast receives Nasdaq deficiency notice for $49.3M stockholders' deficit
Nasdaq requires minimum $2.5M equity; Beasley reported deficit of $49,330,431 as of Dec 31, 2025.
Beasley Q4 revenue $53.1M, down 21% YoY; records $224.8M FCC license impairment
Net loss of $190.1M ($105.40 diluted EPS) vs net loss of $2.1M ($1.17) in Q4 2024.
Beasley Broadcast Group enters into Transaction Support Agreement for debt refinancing
Beasley entered TSA with holders of 98.7% of its 11.000% Senior Secured First Lien Notes due 2028 and 76.5% of 9.200% Senior Secured Second Lien Notes due 2028.
Beasley Broadcast misses interest payments, uses 30-day grace period; restructuring talks ongoing
Elected 30-day grace period for ~$8.5M interest on 9.200% second lien notes due 2028 and ~$1.7M on 11.000% first lien notes due 2028.
Springing maturity on 9.200% Second Lien and 11.000% First Lien Notes extended from Nov 14, 2025 to Jan 31, 2026, contingent on 8.625% Notes staying outstanding.
Beasley Broadcast Q3 revenue $51M (-12.4% YoY); operating loss of $0.3M
Net revenue $51.0M, down 12.4% YoY; operating loss of $0.3M vs income $1.2M in Q3 2024.
Beasley Q2 revenue falls 12.3% to $53M; net loss narrows to $0.2M
Net revenue $53.0M, down 12.3% YoY; same-station revenue down 11.1%.
Beasley Q1 revenue $48.9M, down 10.1% YoY; net loss $2.7M
Net revenue $48.9M, down 10.1% YoY (8.5% same-station) driven by agency revenue softness and closure of Guarantee Digital and esports.
Beasley Broadcast Q4 revenue $67.3M (+2.3% YoY); net loss $2.1M vs prior year income
Net loss of $2.1M ($1.17 diluted EPS) vs net income of $6.4M ($4.25 EPS) in Q4 2023; driven by one-time costs from debt exchange and severance.
Beasley Q3 revenue $58.2M (-3.2% YoY); net loss narrows to $3.6M from $67.5M
Net revenue $58.2M, down 3.2% YoY; same-station revenue up 0.5%.
Beasley Broadcast appoints Lauren Burrows Coleman as CFO; Marie Tedesco retires after 33 years
Marie Tedesco retires as CFO effective Nov 1, 2024, after 33 years at Beasley.
Issued $184.9M of 9.200% Senior Secured Second Lien Notes due 2028 in exchange for existing 8.625% notes.
Beasley Broadcast Group refinances 98.4% of existing notes through exchange and tender
$262.7M of 8.625% senior notes due 2026 tendered/exchanged (98.4% participation); $68M tendered for cash at 62.5% of par.
Beasley Broadcast Group effects 1-for-20 reverse stock split effective Sept 23, 2024
1-for-20 reverse split of Class A and Class B common stock, effective 11:59 p.m. ET on Sept 23, 2024.
Beasley Broadcast Group approves 1-for-20 reverse stock split to regain Nasdaq compliance
Reverse stock split ratio set at 1-for-20; effective September 23, 2024.
Beasley Broadcast launches debt exchange, tender and new notes to restructure $267M notes due 2026
Exchange offer for existing 8.625% notes due 2026: receive 95% principal in new 9.200% notes due 2028, pro rata 3.588M shares of Class A common stock, and $5 cash per $1,000.
Beasley Q2 net loss narrows to $0.3M; digital revenue up 5.7%, adjusted EBITDA rises 11.4%
Net revenue $60.4M, down 4.8% YoY; net loss $0.3M ($0.01/diluted share) vs $10.4M loss ($0.35) in Q2 2023.
Beasley Q1 revenue down 5.9% to $54.4M; net income tiny as $6M gain offsets operating loss
Q1 revenue $54.4M, down 5.9% YoY from $57.8M, due to audio advertising softness and divestitures.
Transfer to Nasdaq Capital Market effective April 18, 2024; stock continues trading under BBGI.
Beasley Q4 net income $6.4M ($0.21/diluted); digital 18.4% of FY revenue; debt down $23M
Q4 net revenue $65.7M (down 9% YoY); diluted EPS $0.21 vs ($0.83) loss prior year.
Beasley Q3 revenue $60.1M, net loss $67.5M on $88.8M impairment; digital up 9.1%
Net loss $67.5M ($2.25/diluted share) vs net income $0.5M ($0.02) a year ago; includes $88.8M non-cash impairment.
Beasley Broadcast receives Nasdaq delisting notice for bid price below $1.00
Received Nasdaq notice on Oct 13, 2023 for failure to meet $1.00 minimum bid price for 30 consecutive business days.
Beasley Q2 net loss narrows to $10.4M; Adj. EBITDA up 17% to $7.7M; digital revenue grows 15%
Net loss of $10.4M ($0.35 diluted EPS) vs $14.5M loss ($0.49) in Q2 2022; includes $10.0M non-cash impairment.
Beasley Broadcast regains Nasdaq minimum bid price compliance
Received Nasdaq notice on April 27, 2023 of non-compliance with $1.00 minimum bid price rule.
Beasley Broadcast receives Nasdaq deficiency notice for bid price below $1; 180-day cure
Received Nasdaq notice on April 27, 2023: BBGI bid price closed below $1.00 for 30 consecutive business days.
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.
Beasley Q4 net loss $25.8M from $44.2M non-cash impairment; revenue up 1.8% to $72M
Q4 net revenue $72.0M (+1.8% YoY); operating loss $33.5M vs $6.5M income in Q4 2021 due to $44.2M impairment.
Beasley Q3 revenue up 1.5% to $63.8M, net income $0.5M vs loss last year
Net revenue $63.8M, up 1.5% YoY; digital revenue +23.1% to 16% of total.
Beasley Broadcast Q2 net revenue up 8.8% to $64.8M; net loss $14.5M on $8.6M impairment
Net revenue $64.8M, +8.8% YoY; digital revenue +34.3%, representing 16.5% of total.
Beasley Broadcast Q1 net revenue up 15.6% to $55.7M; net loss narrows to $0.13/diluted share
Net revenue $55.7M (+15.6% YoY); digital segment revenue up 35.5% to 14% of total.
Beasley Q4 revenue up 3.3% to $70.7M; operating income falls to $6.5M
Net revenue $70.7M, +3.3% YoY, driven by audio/digital ad recovery; political revenue declined.
Beasley Q3 revenue up 26.7% to $62.9M; net loss narrows to $0.06 per share
Net revenue $62.9M (+26.7% YoY); operating income $4.9M vs $0.8M.
Beasley Q2 net revenue $59.6M (+96% YoY); returns to profitability with $0.2M net income
Net revenue $59.6M vs $30.4M in Q2 2020 (+96%); operating income $5.8M vs loss of $17.6M.
On May 11, 2026, the Board of Directors (the “Board”) of Beasley Broadcast Group, Inc. (the “Company”) increased the size of the Board from six to seven directors and appointed Jeffrey D. Goldberg to fill the vacancy created by such increase, effective immediately.
On October 23, 2024, the Board of Directors of the Company appointed Lauren Burrows Coleman to serve as Chief Financial Officer and Executive Vice President of the Company, effective November 1, 2024.
On October 23, 2024, Marie Tedesco notified Beasley Broadcast Group, Inc. (the “Company”) of her retirement as Chief Financial Officer and Executive Vice President of the Company, effective November 1, 2024.
Max materiality 0.90 · Median 0.65 · Most common event earnings