Beasley’s Expected Philly Bump, Q2 Prognostication

0

It’s a scary Monday for Beasley Broadcast Group, as the company’s stock sank to levels not seen since early 2017. The big dip came following the radio industry pure-play’s announcement that it has proposed a 4.43 million-share common stock offering.


News of the stock offering shrouded other news of importance regarding Beasley: It has a dollar figure on how much a station it’s “welcoming home” would have contributed to the bottom line, and shared with the SEC its preliminary estimated financial results for Q2 and the first half of 2018.

Please Login to view this premium content. (Not a member? Join Today!)