Welcome to our dedicated page for Beasley Broad news (Ticker: BBGI), a resource for investors and traders seeking the latest updates and insights on Beasley Broad stock.
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, Inc. (Nasdaq: BBGI) will announce its 2021 fourth quarter financial results on February 8, 2022, before the market opens. A conference call and webcast will follow at 10:00 a.m. ET for investors and analysts to discuss the results. Participants can join the call at +1 773-305-6853, conference ID 2580362, or through a live webcast via the company’s website. Beasley operates 62 radio stations in the U.S. and engages approximately 20 million consumers weekly across various digital platforms, including its esports portfolio.
Beasley Broadcast Group (Nasdaq: BBGI) reported strong operating results for Q3 2021, with net revenue of $62.9 million, a 27% increase from the previous year. Despite a net loss of $1.6 million or $0.06 per diluted share, improvements in audio and digital advertising revenue were evident, driven by a post-pandemic recovery. Station Operating Income rose to $11.7 million, a 45% increase year-over-year. The company continues to focus on digital transformation, with digital revenue increasing by 67%, reflecting the growing demand for their content.
Beasley Broadcast Group (Nasdaq: BBGI) will announce its 2021 Q3 financial results on November 2, 2021, prior to market open. A conference call is scheduled for 10:00 a.m. ET, which will also be available via live webcast. Beasley operates 62 radio stations across the U.S., reaching approximately 20 million listeners weekly through various platforms. The company recently expanded its esports presence with ownership of the Houston Outlaws and a Rocket League Championship Series team.
Beasley Broadcast Group (Nasdaq: BBGI) reported strong financial results for Q2 2021, with net revenue of $59.6 million, up 96.1% year-over-year and 24% from Q1 2021. The company achieved an operating income of $15.8 million compared to a loss of $17.6 million a year earlier. Net income attributable to BBGI stockholders was $10.2 million, compared to a loss of $17.7 million in Q2 2020. Digital revenue surged 96% year-over-year, making up approximately 13.4% of total revenue. The company ended the quarter with over $57 million in liquidity, reflecting improved financial stability.
Beasley Broadcast Group (Nasdaq: BBGI) will announce its Q2 2021 financial results on August 5, 2021, prior to the market open. The company will host a conference call at 11:00 a.m. ET to discuss these results. Interested parties can join by dialing +1 334-323-0501 or via a live webcast available on the company's website. Beasley operates 62 radio stations and celebrates its 60th anniversary this year, reaching approximately 20 million weekly listeners.
Beasley Broadcast Group (Nasdaq: BBGI) reported Q1 2021 results with net revenue of $48.2 million, a down from $57.7 million in 2020. The company recorded an operating loss of $2.5 million and a net loss attributable to stockholders of $10.6 million, or $0.36 per diluted share. Digital revenue grew 10% year-over-year, accounting for 12% of total revenue. Beasley reduced operating expenses by 15.6% and improved financial flexibility by issuing $300 million in senior secured notes. The company anticipates revenue growth in Q2 2021.
Beasley Broadcast Group, Inc. (Nasdaq: BBGI) will release its 2021 Q1 financial results on May 4, 2021, before market opens. A conference call is scheduled for 11:00 a.m. ET to discuss the results, accessible by dialing +1 334-323-0501 or via a live webcast on the company's website. Questions from analysts and investors can be submitted via email until 9:00 a.m. ET on the same day. Beasley operates 63 radio stations and has expanded into esports with a majority stake in the Houston Outlaws team.
Beasley Broadcast Group (Nasdaq: BBGI) reported a 132.4% increase in net income for Q4 2020, reaching $11.0 million compared to $4.7 million in Q4 2019. Station Operating Income (SOI) grew 28.8% to $20.1 million, aided by reduced operating expenses and a boost from political revenue. Despite a decrease in total revenue to $68.5 million due to COVID-19 impacts, digital and esports revenue remained resilient. Total debt stood at $268.5 million, with a recent bond offering enhancing liquidity.
Beasley Broadcast Group (BBGI) will report its Q4 2020 financial results on February 10, 2021, before market opening. Management will host a conference call at 11:00 a.m. ET to discuss the results, accessible by phone or via a live webcast on the company’s website. Analysts and investors can submit questions up until 9:00 a.m. ET on the same day. Celebrating 60 years in business, Beasley operates 63 radio stations and has expanded into esports with a majority stake in the Houston Outlaws.
Beasley Broadcast Group (BBGI) announced the pricing of its $300 million offering of 8.625% Senior Secured Notes due 2026, increased from an earlier $280 million plan. The offering targets qualified institutional buyers under Rule 144A and will also comply with Regulation S outside the U.S. The offering is expected to close on February 2, 2021. Proceeds will be used to repay existing debt and for general corporate purposes. The Notes will not be registered under the Securities Act, limiting their sale in the U.S.