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0.000344304551333972 0.000344304551333972 0.000344304551333972 0.000344304551333972 0.000344304551333972 0.000344304551333972 -0.00430845965588144 -0.0592110773010244
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Beasley Broadcast Group Inc (BBGI) Q3 2024 Earnings Call Highlights: Navigating Revenue ... [Yahoo! Finance]

Beasley Broadcast Group, Inc. - Class A (BBGI) 
US:NASDAQ Investor Relations: bbgi.com/investors-2
Company Research Source: Yahoo! Finance
Station Operating Income (SOI): Declined by $1.8 million to $8.2 million for Q3 2024. Adjusted EBITDA: $5.6 million for Q3 2024, down 6.9% year-over-year. Digital Revenue: Grew 11.7% on a same-station basis for Q3 2024. Political Revenue: $2.7 million for Q3 2024, bringing year-to-date net political revenue to $3.7 million. Interest Expense: Decreased by $353,000 to $6.1 million for Q3 2024. Total Debt: $267 million at the end of Q3 2024, reduced to $220 million pro forma for the transaction completed on October 8, 2024. Cash on Hand: $27.8 million at the end of Q3 2024. Capital Expenditures: $642,000 for Q3 2024. Warning! GuruFocus has detected 5 Warning Signs with BBGI. Release Date: November 05, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Beasley Broadcast Group Inc ( NASDAQ:BBGI ) successfully reduced its debt by $47 million and extended maturities to August 2028, reflecting strong confidence from Show less Read more
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