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Beasley Broadcast Group — Q3 2026 Earnings Summary

Beasley Broadcast Group reported third-quarter 2026 net revenue of $42.8 million, a 16.1% decrease from the prior year period, driven by weakness in traditional advertising markets. The company posted a net loss of $12.1 million for the quarter, though it achieved a 32% operating margin in its digital segment, up from 21% in the previous year. To strengthen its balance sheet, the company raised $4.6 million through equity offerings and subsequently sold two radio stations and two real estate parcels for over $10 million. Structural cost reductions helped limit the decline in operating expenses, while same-station digital revenue increased 4.4% on a year-to-date basis.

Company
BEASLEY BROADCAST GROUP INC
Sector
Communication Services
Industry
Broadcasting