Streetbeat News

BBGI

Beasley Broadcast Group, Inc.

https://www.bbgi.com

Industry

Broadcasting

Beasley Broadcast Group, Inc., a multi-platform media company, owns and operates radio stations in the United States. It also operates Houston Outlaws, an esports team that competes in the Overwatch League. The company was founded in 1961 and is headquartered in Naples, Florida.

Open

8.16

Mkt cap

15M

Volume

2.5K

High

8.40

P/E Ratio

4.52

52-wk high

20.00

Low

8.04

Div yield

N/A

52-wk low

7.66

Beasley Broadcast Group, Inc (BBGI) held its Q3 2024 earnings call, discussing future performance and risks. The call included forward-looking statements and was led by CEO Caroline Beasley and CFO Lauren Coleman.

Portfolio Pulse from

November 05, 2024 | 9:45 pm

Beasley Broadcast Group has appointed Lauren Burrows Coleman as the new Chief Financial Officer, effective November 1. The current CFO, Marie Tedesco, will retire after 33 years with the company.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 11:21 am

Beasley Broadcast Group's shares have resumed trading after a temporary halt. This development is significant for investors monitoring BBGI's stock movements.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 1:01 pm

The trading halt status was updated at 8:55:00 AM ET, indicating a quotation resumption. This update is relevant for investors tracking trading activities and potential impacts on stock prices.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 12:55 pm

Trading for an unspecified asset was halted at 7:50:00 p.m. ET due to pending news. The article hints that BBGI may be involved.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 11:50 pm

Beasley Broadcast Group has approved a reverse stock split at a ratio of 1-for-20, which will consolidate every 20 shares into one share. This move is often used to increase the stock price and maintain compliance with stock exchange listing requirements.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:06 am

Beasley Broadcast Group's unit, Beasley Mezzanine Holdings, has initiated an exchange offer, a new notes offer, a tender offer, and consent solicitations related to its existing notes. This move is likely aimed at restructuring debt or improving financial terms.

Portfolio Pulse from Nabaparna Bhattacharya

September 06, 2024 | 11:16 am

Beasley Broadcast Group (BBGI) announced that it expects to achieve $10 million in annualized expense savings. This cost-cutting measure is likely aimed at improving the company's financial health and operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 11:05 am

Beasley Broadcast Group (NASDAQ:BBGI) reported Q2 sales of $60.44 million, missing the analyst consensus estimate of $60.80 million by 0.60%. This represents a 4.77% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 11:02 am

U.S. stocks fell significantly on Monday, with the Nasdaq dropping 3.14%, the Dow Jones falling 2.18%, and the S&P 500 declining 2.54%. Tyson Foods reported better-than-expected earnings, while several stocks saw significant price movements, including MGO Global, Beasley Broadcast Group, Kernel Group Holdings, Actinium Pharmaceuticals, VBI Vaccines, and Urgently.

Portfolio Pulse from Avi Kapoor

August 05, 2024 | 2:20 pm

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