BBGI Q2 2023 Earnings — Beasley Broadcast Group, Inc. Revenue & Financial Results | Market Cap Arena

BBGIBeasley Broadcast Group, Inc.

$7M

Q2 2023 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$63M-2.1% YoY

Gross Profit

$63M100.0% margin

Operating Income

-$5M-7.1% margin

Net Income

-$10M-16.4% margin

EPS (Diluted)

$-7.00

QoQ Revenue Growth

+9.8%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$2M

Stock-Based Comp.

$181,339

Balance Sheet

Total Assets

$698M

Total Liabilities

$489M

Stockholders' Equity

$210M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$63M	$65M	-2.1%
Gross Profit	$63M	$65M	-2.1%
Operating Income	-$5M	-$4M	-1.2%
Net Income	-$10M	-$14M	+27.8%

Revenue Segments

Audio Advertising

$50M79%

Digital Advertising

$12M19%

Other Advertising

$712,3611%