Beasley Q4 net loss widens to $190.1 million; revenue falls 21.1% to $53.1 million

Beasley Broadcast Group, Inc. Class A

Beasley Broadcast Group, Inc. Class A

BBGI

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  • Beasley Broadcast Group posted a Q4 net loss of USD 190.1 million, widening from year-ago levels due to a USD 224.8 million FCC license impairment charge.
  • Net revenue fell 21.1% to USD 53.1 million.
  • Adjusted EBITDA dropped to USD 0.8 million from double-digit millions a year earlier.
  • Digital revenue rose 9.7% to USD 12.6 million, accounting for 23.7% of net revenue.
  • Management said a recently announced debt exchange is expected to cut second-lien debt by about 50% and reduce total outstanding debt to about USD 110 million from USD 220 million, with closing targeted by end of April.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beasley Broadcast Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202604080700PR_NEWS_USPR_____CG28602) on April 08, 2026, and is solely responsible for the information contained therein.

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