COVID-19’s Cash Evaporation: Beasley Q2 Revenue Sliced

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We knew it wouldn’t be pretty. But, just how downbeat would Beasley Media Group‘s second quarter results be?


Analysts and investors got the answer Tuesday morning, prior to an 11am Eastern earnings call featuring CEO Caroline Beasley and Beasley Media Group CFO Marie Tedesco: a sharp decline in commercial advertising heavily impacted Beasley’s bottom line, sending year-over-year net revenue down 54%.

But, like many companies, sequential month-to-month improvements are being seen. And, the eSports division is a catalyst for this growth.


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