Beasley Broadcasting股价飙升111%,亏损幅度小于预期

LootboxPhobia · 2026-04-08T13:53:51+00:00

Beasley Broadcast Group in Florida announced its Q4 earnings, with losses smaller than expected, and the stock price surged 111.53% in pre-market trading. Despite a 21.1% year-over-year decline in revenue, digital business revenue increased by 9.7%. The company has implemented cost-cutting measures, and future debt will be significantly reduced.

LootboxPhobia

2026-04-08 13:53:51

Abstract generation in progress

Naples, Florida — Despite ongoing challenges in the traditional broadcast advertising market, the fourth-quarter results reported by Beasley Broadcast Group (NASDAQ ticker symbol: BBGI) show that the loss was smaller than expected.

The company’s share price surged 111.53% in premarket trading.

Investors are focused on the company’s operating progress and debt restructuring efforts rather than accounting losses. The loss was mainly due to a non-cash FCC license impairment charge of $224.8 million. Adjusted EBITDA for the quarter was $0.8 million, compared with $10.7 million in the same period last year.

The company reported a fourth-quarter loss of $105.40 per share, versus a loss of $1.17 per share in the same period last year.

Revenue fell 21.1% year over year, from $67.3 million to $53.1 million. On a same-store basis excluding political advertising revenue, revenue declined 6.8%, reflecting the continued weakness in the traditional agency advertising market as described by the company.

Digital revenue was a major bright spot, up 9.7% year over year to $12.6 million, accounting for 23.7% of total net revenue. On a same-store basis, digital revenue surged 33.6%. The operating profit margin for the digital business segment reached 29.4%.

CEO Caroline Beasley said: “Although the advertising environment remains full of challenges, we have made tangible progress in reshaping the company to enable long-term value creation. Over the past 18 months, we have executed approximately $30 million in annualized cost reductions—these are permanent, structural changes that reflect a leaner, more focused organization.”

The company recently announced a debt exchange transaction expected to reduce second-lien debt by approximately 50% and repay approximately $15 million of first-lien debt. The transaction is expected to be completed by the end of April, at which time total outstanding debt is expected to decline from $220 million to approximately $110 million.

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