Beasley Q2 revenues down 3.6%; Income up 28%


Beasley Broadcast Group, Inc.Beasley Broadcast Group’s Q2 net revenue dropped 3.6% to $25.9 million, with net income up 28.1% to $3 million ($0.13 per diluted share). The $1.0 million, or 3.6%, YOY decline was blamed on lower ad revenue at the company’s Philadelphia, Wilmington and Greenville-New Bern-Jacksonville market clusters. Another reason given was

Click here to Login & view the full article & read our famous RBR+TVBR observation (Not a member? Join Today!)

Previous articleLuis Jimenez will return, says producer
Next articleNAB: Exclusivity rules foster investment in localism
Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.