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Beasley Broadcast Group, Inc. reported first-quarter revenue of $54.4 million with a net income of approximately $8,000, or $0.00 per diluted share, in the three months ended March 31, 2024. The company also posted a presentation on its website regarding the first quarter highlights and accomplishments. The revenue decline was primarily due to a decrease in audio advertising and other revenue, offset by growth in digital and political advertising revenue. Adjusted EBITDA was $0.7 million in the first quarter of 2024, reflecting a decrease compared to the prior year.
Beasley Broadcast Group, Inc. (Nasdaq: BBGI) will release its 2024 first quarter financial results on May 8, 2024, followed by a conference call and webcast to discuss the results. Interested parties can access the call via phone or webcast. Questions can be submitted in advance for management to address during the event.
