Beasley Broadcast Q2 FY26 net income swings to profit of $84.3 million; revenue drops 16.8% year-over-year to $44.1 million

Reuters2026/08/12 20:02

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Beasley Broadcast Group posted second-quarter net revenue of USD 44.1 million, down 9.6% year over year on a same-station basis.
GAAP net income swung to USD 84.3 million, driven by a USD 91.79 million gain on debt restructure.
Operating income fell to USD 1.3 million; adjusted EBITDA (non-GAAP) rose to USD 5.3 million from USD 4.7 million.
Digital revenue slipped to USD 11.7 million, down 11.6% year over year; local revenue rose 9% and made up 74% of net revenue.
Debt exchange and repurchases cut total outstanding debt by USD 95 million, including a 46% reduction in second lien debt.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beasley Broadcast Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608121601PR_NEWS_USPR_____CG25101) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Beasley Broadcast Q2 FY26 net income swings to profit of $84.3 million; revenue drops 16.8% year-over-year to $44.1 million

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