Beasley Broadcast Group Inc. (BBGI) revealed Loss for second quarter of -$0.2 million
The company's earnings totaled -$0.2 million, or -$0.09 per share. This compares with -$0.3 million, or -$0.18 per share, last year.
The company's revenue for the period fell 12.3% to $53 million from $60.4 million last year.
Beasley Broadcast Group Inc. earnings at a glance (GAAP) :
-Earnings: -$0.2 Mln. vs. -$0.3 Mln. last year.-EPS: -$0.09 vs. -$0.18 last year.-Revenue: $53 Mln vs. $60.4 Mln last year.
This decrease in revenue reflects continued softness in the traditional audio advertising market.
BBGI was up by 5.84% at $4.710 in the pre-market trade on the Nasdaq.
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