Beasley (BBGI) Q1 2026 Earnings Call Transcript

Beasley Broadcast Group reported Q1 2026 results showing total revenue of $46.2 million, down 13% year-over-year, with Station Operating Income of $418,000 versus $3.7 million in the prior year. The company is undergoing a turnaround focused on digital growth (up 18% YoY), cost reduction, and balance sheet strengthening through a significant debt restructuring that exchanged $184 million in notes for $98 million in PIK notes. Management expects Q2 revenue to decline in the mid- to high single digits but maintains confidence in the turnaround strategy with clear proof points in Tampa and Boston markets.