Beasley Broadcast Group reported third-quarter 2025 revenues of approximately $51 million, reflecting an 11% decline on a same-station basis, while digital revenue surged, accounting for 25% of total revenue and demonstrating strong growth potential.
- Digital revenue grew approximately 28% year-over-year, driven by targeted digital solutions, outperforming traditional revenue streams.
- The company's digital segment operating income reached a record 28%, underscoring improved inventory economics and pricing flexibility.
- Local direct revenue saw a 3.5% year-over-year increase, now representing nearly 60% of total local business, enhancing revenue predictability.
- Comprehensive cost reduction efforts are projected to yield an additional $1.5 million in annual savings, impacting the P&L by year-end.
- Leadership transitions include Caroline Beasley serving as Principal Financial Officer following the resignation of the CFO, aiming for continuity and strategic execution.
Community Discussion