Beasley: Q1 Earnings Snapshot
NAPLES, Fla. (AP) _ Beasley Broadcast Group Inc. (BBGI) on Tuesday reported a loss of $10.6 million in its first quarter.
The Naples, Florida-based company said it had a loss of 36 cents per share. Losses, adjusted to extinguish debt and for non-recurring costs, were 15 cents per share.
The radio broadcaster posted revenue of $48.2 million in the period.
The company’s shares closed at $2.82. A year ago, they were trading at $2.45.