Beasley Broadcast Group operates as a multi-platform media company centered on AM and FM radio stations in U.S. markets. Its news releases regularly cover financial results and conference calls, station brands and local programming, advertiser-focused audio and digital marketing, and community initiatives tied to its market operations.
Company updates also address capital-structure developments, material agreements, shareholder voting matters, and governance topics. The recurring coverage reflects a broadcast-media business whose revenue base is tied to local and national advertising across audio, digital, event, and audience-engagement platforms.
Beasley Broadcast Group (BBGI) agreed to sell shares alongside private warrants for approximately $5.0 million in expected gross proceeds. A single institutional investor will buy 357,000 Class A shares, or common stock equivalents instead, at $14.00 each in the registered direct offering. The concurrent private placement covers warrants to buy up to 357,000 Class A shares at $15.00 each. The warrants first become exercisable six months after issuance and expire five and a half years after issuance.
Closing is expected on or about September 30, 2026, subject to customary closing conditions. The proceeds estimate precedes placement agent commissions and other offering expenses. Beasley intends to use net proceeds to reduce borrowings under its secured asset-based revolving credit facility and redeem part of Beasley Mezzanine Holdings' 11.000% Senior Secured First Lien Notes due 2028 at a redemption price of 100.000% plus accrued interest.
Beasley Media Group (BBGI) signed a multiyear agreement to become the Vegas Golden Knights' year-round audio partner. X 107.9 (KVGS FM) will broadcast every Golden Knights game in English during the 2026-27 season, while 105.7 Maxima (KOAS FM) will be the team's Spanish-language radio home.
The agreement also covers programming across broadcast radio, digital audio and podcasts. X 107.9 and 96.3 KKLZ-HD2 will carry all 72 Henderson Silver Knights regular-season games and the Calder Cup Playoffs, with pregame and postgame coverage. The weekday VGK Insider Show will return on X 107.9.
Beasley Media Group (BBGI) has deployed Futuri's TopLine Enterprise AI revenue intelligence platform across all of its markets under a multiyear agreement to enhance its sales process and support local advertisers.
The platform connects Beasley's sales, audience, campaign, and market-intelligence data with Futuri's business and advertising datasets to generate market-specific research and recommendations for advertisers across radio, streaming, digital, event, and creative assets. AI agents assist sellers with prospecting, account research, outreach, meeting preparation, proposal development, and campaign reporting, while sellers review and approve all client-facing work. The rollout, completed in summer 2026 and trained in-market by chief business officer Kevin LeGrett, extends Beasley's eight-year relationship with Futuri, which launched TopLine Enterprise in June 2026.
Beasley Broadcast Group (Nasdaq: BBGI) reported second quarter 2026 net revenue of $44.1 million, down from $53.0 million in 2025 and down 9.6% on a same-station basis, reflecting softness in traditional national and local agency advertising.
Digital revenue was $11.7 million, 26% of net revenue, down 11.6% year-over-year but up 7.1% on a same-station basis. Local revenue, including locally sold digital, represented 74% of net revenue and grew 9% year-over-year, while new business contributed 13% of net revenue.
Operating expenses declined 13.2% and corporate expenses fell 37.3%, aided by about $10 million of new annualized cost cuts in the quarter, bringing trailing 12‑month savings to roughly $30 million. Adjusted EBITDA increased to $5.3 million, from $4.7 million a year earlier.
On May 1, 2026, Beasley closed a multi-part balance sheet transaction that reduced total debt by $95 million, including a 46% cut in second lien debt, generating a $91.8 million gain on debt restructuring and driving GAAP net income of $84.3 million versus a small loss in 2025. Management highlighted improved liquidity, lower future cash interest expense and continued focus on deleveraging and higher-margin digital and local direct revenue.
Beasley Broadcast Group (Nasdaq: BBGI) will report its Q2 2026 financial results after the market close on Wednesday, August 12, 2026. Management will review the results on a conference call and webcast at 6:00 p.m. ET, accessible via phone and through the company’s website.
Beasley Broadcast Group (Nasdaq: BBGI) announced it is postponing the release of its Q2 2026 financial results and the related conference call and webcast. The delay is to allow additional time to finalize the tax accounting treatment of refinancing and debt restructuring completed during Q2 2026.
The company expects to hold the rescheduled earnings call and webcast on or before Friday, August 14, 2026, with exact details to be provided in a later announcement. Beasley operates 49 AM and FM stations in nine U.S. markets, reaching roughly 18 million weekly consumers.
Beasley Broadcast Group (Nasdaq: BBGI) will release its Q2 2026 financial results before the market opens on Monday, August 10, 2026. Management will review the results on a conference call and live webcast at 11:00 a.m. ET, accessible via phone or the company’s website.
Beasley Broadcast Group (Nasdaq: BBGI) reported Q1 2026 net revenue of $42.6 million, down 12.9% year-over-year and 6.7% on a same-station basis. Operating income was $7.7 million versus a loss in Q1 2025, and net income was $3.2 million ($1.77 per diluted share).
Digital revenue was $10.7 million, flat year-over-year and up 18.2% on a same-station basis, representing 25% of net revenue with a 15.5% segment margin. Adjusted EBITDA was negative $0.4 million. On May 1, Beasley completed a second lien restructuring, repurchased a portion of first lien notes, and established a new asset-based lending facility to enhance financial flexibility.
Beasley Broadcast Group (Nasdaq: BBGI) will report Q1 2026 results before the market opens on Wednesday, May 13, 2026 and will host a conference call and live webcast at 11:00 a.m. ET that same day.
Dial-in numbers, conference ID 1613596, live webcast at www.bbgi.com, a five-day replay, and analyst question submission to ir@bbgi.com (until 9:00 a.m. ET May 13) are provided. Allow 15 minutes to register and install any required webcast software.
Beasley Broadcast Group (Nasdaq: BBGI) announced settlement of its exchange offer, tender offer and consent solicitations. Approximately $184,056,000 of 9.200% second lien notes were exchanged into $98,475,254 aggregate principal of 2027 PIK notes. The company purchased $15.9 million of first lien notes; $15.0 million remain outstanding. Supporting holders represented ~98.7% of existing first lien notes and ~76.5% of existing second lien notes. The TSA minimum participation condition was waived by the supporting second lien holder on April 28, 2026. Latham & Watkins served as legal counsel and Guggenheim Securities as financial advisor.