Beasley Broadcast Group, Inc. Provides Earnings Guidance for the Fourth Quarter of 2020
January 14, 2021 at 08:19 am EST
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Beasley Broadcast Group, Inc. provided earnings guidance for the fourth quarter of 2020. For the quarter, the company expects net revenue in the range of $67.4 million to $67.9 million.
Beasley Broadcast Group, Inc. is a multi-platform media company. The Company's primary business is operating radio stations throughout the United States. It offers local and national advertisers integrated marketing solutions across audio, digital and event platforms. The Companyâs segments include Audio and Digital. The Company owns and operates radio stations in various radio markets, including Atlanta, Augusta, Boston, Charlotte, Detroit, Fayetteville, Fort Myers-Naples, Las Vegas, Middlesex, Monmouth, Morristown, Philadelphia, and Tampa-Saint Petersburg. The Company owns approximately 59 amplitude modulation (AM) and frequency modulation (FM) stations in 13 large- and mid-size markets in the United States. Its subsidiaries include Beasley Mezzanine Holdings, LLC, Beasley Media Group, LLC, Beasley Media Group Licenses, LLC and OutlawsXP, Inc.