Beasley Broadcast Group 2018 Fourth Quarter Net Revenue Rises 29.1% to $75.6 Million
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Beasley Broadcasting Group (BBGI) Misses Q4 EPS by 24c, Revenues Beat
February 11, 2019 7:03 AM ESTBeasley Broadcasting Group (NASDAQ: BBGI) reported Q4 EPS of $0.08, $0.24 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $75.6 million versus the consensus estimate of $71 million.
Commenting on the financial results, Caroline Beasley, Chief Executive Officer, said, Our record 2018 fourth quarter and full year revenue and strong operating results, despite the benefit of non-cash transaction related and tax items in the 2017 period, highlight the value being created as we execute strategies to expand our scale, diversify our revenue mix and leverage the value of our local brands in our core and... More
