May 27, 2017 11:07 PM ET

Media

Company Overview of Beasley Broadcast Group, Inc.

Company Overview

Beasley Broadcast Group, Inc., a radio broadcasting company, operates radio stations in the United States. As of March 21, 2017, it owned and operated 63 stations, including 45 FM and 18 AM stations located in 15 large- and mid-size markets. The company was founded in 1961 and is headquartered in Naples, Florida.

3033 Riviera Drive

Suite 200

Naples, FL 34103

United States

Founded in 1961

836 Employees

Phone:

239-263-5000

Fax:

239-263-8191

Key Executives for Beasley Broadcast Group, Inc.

Chief Executive Officer and Director
Age: 53
Total Annual Compensation: $488.6K
President and Director
Age: 58
Total Annual Compensation: $475.0K
Founder and Chairman
Age: 84
Total Annual Compensation: $730.2K
Chief Operating Officer, Executive Vice President and Director
Age: 56
Total Annual Compensation: $464.3K
Compensation as of Fiscal Year 2016.

Beasley Broadcast Group, Inc. Key Developments

Beasley Broadcast Group Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017

Beasley Broadcast Group Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported net revenue of $53,740,551 against $27,454,947 a year ago. The revenue increase reflects the addition of the Greater Media stations, partially offset by approximately $1 million of political revenue in first quarter '16. Operating income was $11,542,779 against $4,128,293 a year ago. Income from before income taxes was $7,071,638 against $3,100,128 a year ago. Net income was $7,486,496 against $1,820,753 a year ago. Net income per diluted and basic share was $0.27 against $0.08 a year ago. Net cash provided by operating activities was $6,146,698 against $6,087,590 a year ago. Pro forma net revenue was $53,720,804 against $56,971,325 a year ago. The company spent approximately $1 million in CapEx in the first quarter of 2017 compared with $656,000 in first quarter of 2016.

Beasley Broadcast Group, Inc. to Report Q1, 2017 Results on May 02, 2017

Beasley Broadcast Group, Inc. announced that they will report Q1, 2017 results Pre-Market on May 02, 2017

Beasley Broadcast Group, Inc., Q1 2017 Earnings Call, May 02, 2017

Beasley Broadcast Group, Inc., Q1 2017 Earnings Call, May 02, 2017

Similar Private Companies By Industry

Company Name Region
"It" Girl Public Relations United States
+SmithGifford, Inc. United States
.TV Technologies, Inc. United States
@International Services, Inc. United States
1 Chronicles 14, L.P. United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 17, 2016
Beasley Broadcast Group, Inc., WBT-FM, WLNK-FM, WBT-AM, WFNZ-AM radio stations and an FM translator
Merger/Acquisition
July 19, 2016
Greater Media, Inc.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Beasley Broadcast Group, Inc., please visit www.bbgi.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.