Beasley: Q3 Earnings Snapshot
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NAPLES, Fla. (AP) — NAPLES, Fla. (AP) — Beasley Broadcast Group Inc. (BBGI) on Wednesday reported a third-quarter loss of $67.5 million, after reporting a profit in the same period a year earlier.
The Naples, Florida-based company said it had a loss of $2.25 per share. Earnings, adjusted for asset impairment costs, came to 9 cents per share.
The radio broadcaster posted revenue of $60.1 million in the period.
The company's shares closed at 83 cents. A year ago, they were trading at $1.05.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBGI at https://www.zacks.com/ap/BBGI
