Exhibit 99.1
Beasley Broadcast Group Announces Postponement of Reporting of Q2 2026 Financial Results and Date of
Conference Call and Webcast
NAPLES, Florida, August 9, 2026 – Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (the
“Company”), a multi-platform media company, announced today that it will postpone the reporting of its Q2 2026 financial results and the date of the conference call and webcast to allow additional time to finalize the tax
accounting treatment relating to the refinancing and debt restructuring that the Company completed during Q2 2026.
The Company will make a further
announcement in a subsequent press release to reschedule the date and time of the conference call and webcast to review its Q2 2026 financial results, which it expects will be held on or before Friday, August 14, 2026.
About Beasley Broadcast Group
Beasley Broadcast Group,
Inc. (www.bbgi.com) was founded in 1961 by George G. Beasley and owns a total of 49 AM and FM stations in 9 large- and mid-size markets in the United States. Beasley radio stations reach roughly
18 million unique consumers weekly over-the-air, online and on smartphones and tablets, and millions regularly engage with the Company’s brands and
personalities through digital platforms such as Facebook, X, text, apps and email. For more information, please visit www.bbgi.com.
For further
information, or to receive future Beasley Broadcast Group news announcements via e-mail, please contact Beasley Broadcast Group, at
239-263-5000 or email@bbgi.com.
Note Regarding Forward-Looking
Statements
Statements in this release that are “forward-looking statements” are based upon current expectations and assumptions and
involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words or expressions such as “looking ahead,” “intends,” “believes,” “expects,”
“seek,” “will,” “should” or variations of such words and similar expressions are intended to identify such forward-looking statements. Forward-looking statements, by their nature, address matters that
are, to different degrees, uncertain. Key risks are described in the Company’s reports filed with the Securities and Exchange Commission (“SEC”), including its annual report on Form 10-K and
quarterly reports on Form 10-Q. Readers should note that forward-looking statements are subject to change and to inherent risks and uncertainties and may be impacted by several factors, including:
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our ability to comply with the continued listing standards of Nasdaq, remain listing on Nasdaq and make periodic
filings with the SEC; |
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risks from health epidemics, natural disasters, terrorism, and other catastrophic events; |
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adverse effects of inflation; |
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external economic forces and conditions that could have a material adverse impact on our advertising revenues and
results of operations; |
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the ability of our stations to compete effectively in their respective markets for advertising revenues;
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our ability to develop compelling and differentiated digital content, products and services;
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audience acceptance of our content, particularly our audio programs; |
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our ability to adapt or respond to changes in technology, standards and services that affect the audio industry;
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our dependence on federally issued licenses subject to extensive federal regulation; |