Company Overview of Beasley Broadcast Group Inc.
Beasley Broadcast Group, Inc., a radio broadcasting company, operates radio stations in the United States. As of March 11, 2015, the company owned and operated 53 stations, including 33 FM stations and 20 AM stations located in 12 large- and mid-size markets in the United States. Beasley Broadcast Group, Inc. was founded in 1961 and is headquartered in Naples, Florida.
3033 Riviera Drive
Naples, FL 34103
Founded in 1961
Key Executives for Beasley Broadcast Group Inc.
Founder, Chairman and Chief Executive Officer
Total Annual Compensation: $705.8K
President, Chief Operating Officer and Director
Total Annual Compensation: $459.1K
Chief Financial Officer, Executive Vice President, Treasurer, Secretary and Director
Total Annual Compensation: $440.3K
Compensation as of Fiscal Year 2014.
Beasley Broadcast Group Inc. Key Developments
Beasley Broadcasting Presents at 2nd Annual Media, Finance and Investor Conference, Apr-14-2015 10:15 AM
Apr 14 15
Beasley Broadcasting Presents at 2nd Annual Media, Finance and Investor Conference, Apr-14-2015 10:15 AM. Venue: Wynn Hotel, Las Vegas, Nevada, United States. Speakers: Bruce Beasley, CEO.
Beasley Broadcast Group, Inc. Declares Quarterly Cash Dividend on its Class A and Class B Common Stock, Payable on April 10, 2015
Mar 11 15
Beasley Broadcast Group Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.045 per share of its Class A and Class B common stock. The dividend is payable on April 10, 2015, to shareholders of record on March 31, 2015.
Beasley Broadcast Group Inc. Announces Earnings Results for the Fourth Quarter of 2014
Mar 6 15
Beasley Broadcast Group Inc. announced earnings results for the fourth quarter of 2014. The company reported higher fourth quarter sales and income from continuing operations, although the results were skewed by an asset swap carried out in December and on a pro-forma basis, sales declined. The group noted its results this quarter have been complicated by an asset swap with CBS Radio Stations completed in December. Under GAAP principles, the company is required to report the five stations that went to CBS as discontinued operations despite having operated them through November. Results from the 14 stations the company received in return were only included for the month of December. On a combined, non-GAAP pro-forma basis calculated as if the asset swap had occurred on Jan. 1, revenue slipped to $26.7 million from $27.3 million a year earlier. Net income was $33.8 million, or $1.47 a share, up from $3.6 million, or $0.16 a share. Excluding the discontinued operations, the earnings rose to $1.8 million, or $0.08 a share, compared with $0.8 million, or $0.04 a share, in the year-earlier quarter, and net revenue was up to $18.6 million from $15.0 million.
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