Beasley Broadcast Group Second Quarter Net Revenue Increases 6.5% to $65.7 Million
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Beasley Broadcasting Group (BBGI) Reports In-Line Q2 EPS, Revenues Beat
August 5, 2019 7:05 AM EDTBeasley Broadcasting Group (NASDAQ: BBGI) reported Q2 EPS of $0.15, in-line with the analyst estimate of $0.15. Revenue for the quarter came in at $65.7 million versus the consensus estimate of $63.93 million.
Commenting on the financial results, Caroline Beasley, Chief Executive Officer, said, The strategic and financial benefits of our initiatives to further expand and diversify Beasleys broadcast and digital platform are evident in our second quarter financial results and further highlights the progress we are making to reinforce and grow Beasleys leadership position across all audio platforms in our markets. Record second quarter net... More
