Beasley Broadcast Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 09, 2022 at 07:00 am EDT
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Beasley Broadcast Group, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 55.72 million compared to USD 48.21 million a year ago. Net loss was USD 3.74 million compared to USD 10.56 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.36 a year ago. Diluted loss per share from continuing operations was USD 0.13 compared to USD 0.36 a year ago.
Beasley Broadcast Group, Inc. is a multi-platform media company. The Company's primary business is operating radio stations throughout the United States. It offers local and national advertisers integrated marketing solutions across audio, digital and event platforms. The Companyâs segments include Audio and Digital. The Company owns and operates radio stations in various radio markets, including Atlanta, Augusta, Boston, Charlotte, Detroit, Fayetteville, Fort Myers-Naples, Las Vegas, Middlesex, Monmouth, Morristown, Philadelphia, and Tampa-Saint Petersburg. The Company owns approximately 59 amplitude modulation (AM) and frequency modulation (FM) stations in 13 large- and mid-size markets in the United States. Its subsidiaries include Beasley Mezzanine Holdings, LLC, Beasley Media Group, LLC, Beasley Media Group Licenses, LLC and OutlawsXP, Inc.
BEASLEY BROADCAST GROUP, INC. 
