Beasley: Q4 Earnings Snapshot
NAPLES, Fla. (AP) — NAPLES, Fla. (AP) — Beasley Broadcast Group Inc. (BBGI) on Wednesday reported a loss of $190.1 million in its fourth quarter.
On a per-share basis, the Naples, Florida-based company said it had a loss of $105.40. Losses, adjusted for asset impairment costs, came to $6.95 per share.
The radio broadcaster posted revenue of $53.1 million in the period.
For the year, the company reported that its loss widened to $196.6 million, or $109.27 per share. Revenue was reported as $205.9 million.
The company’s shares closed at $3.14. A year ago, they were trading at $5.14.
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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