BEASLEY BROADCAST GROUP INC (BBGI) Form 8-K — Aug 12, 2026
Beasley Broadcast Group reported second quarter 2026 net revenue of $44.1 million, down 9.6% on a same-station basis, as weakness in traditional national and local agency advertising persisted. GAAP net income was $84.3 million, or $45.95 per diluted share, but that result was driven by a $91.8 million non-cash gain on extinguishment of debt rather than by operations. On May 1, 2026 the company completed a second lien restructuring, repurchased a portion of its first lien notes, and established a new asset-based lending facility, cutting total outstanding debt by $95 million, including a 46% reduction in second lien debt.
Key figures
- Eps
- 45.95
- Revenue
- 44125702
- Net Income
- 84293430
- Total Debt
- 144818000
- Revenue Yoy
- -16.7% reported vs. $53.0 million in Q2 2025; -9.6% on a same-station basis
- Total Assets
- 279597000
- Cash Position
- 6698000
- Owned stations
- 49
- Digital revenue
- 11655659
- Soi margin percent
- 12.1
- H1 2026 net revenue
- 86714437
- Total debt reduction
- 95000000
- Diluted eps six months
- 48.01
- Adjusted ebitda q2 2025
- 4706522
- Adjusted ebitda q2 2026
- 5282045
- Weekly listeners approx
- 18000000
- Gain on debt restructure
- 91785121
- Station operating income
- 5300000
- Debt restructuring expense
- 367275
- Trailing twelve month savings
- 30000000
- Digital share of revenue percent
- 26
- Stockholders equity june 30 2026
- 38827000
- Corporate expense decline percent
- 37.3
- New annualized expense reductions
- 10000000
- Operating expense decline percent
- 13.2
- Second lien debt reduction percent
- 46
- Digital same station growth percent
- 7.1
Price after filing
Close on the filing date to close N calendar days later (from $21.87). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.