Friday, October 30, 2015

Beasley Reports Net Income Loss For 3Q 2015

Beasley Broadcast Group, Inc. (Nasdaq: BBGI) today announced operating results for the three month period ended September 30, 2015.

Chairman/CEO George G. Beasley, “On a combined basis, third quarter top line revenue growth of 7% reflects the ongoing leadership of our Ft. Myers cluster as well as growth in Tampa-St. Petersburg, one of the two markets we entered as a result of last year’s asset exchange (with CBS RADIO). The station exchange diversified our local radio and marketing solutions platform and, since closing the transaction, we have been executing plans to extract operating and financial synergies from the transaction."

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