Beasley Broadcast reports Q4 EPS ($105.40) with items vs. ($1.17) last year

Reports Q4 revenue $53.1M vs. $67.3M last year. EPS in FY25 include $224.8M impairment losses related to FCC licenses. EPS in FY24 include a $6.0M gain on sale of an investment in Broadcast Music. Commenting on the financial results, Caroline Beasley, Chief Executive Officer, said: “2025 was a year of meaningful transformation for Beasley. Against a persistently challenging advertising environment – marked by continued secular pressure on traditional audio and the ongoing contraction of agency-driven revenue channels – we made tangible progress reshaping this company for long-term value creation. Our digital business delivered record performance, with digital revenue representing approximately 24% of net revenue, up from roughly 19% of net revenue in 2024, and digital segment operating margins reached record levels as our continued shift toward owned-and-operated and programmatic products gained traction across our markets. Operationally, we have fundamentally restructured the cost profile of this business. Over the past 18 months, we have executed approximately $30M in annualized cost reductions – permanent, structural changes that reflect a leaner and more focused organization built for today’s revenue environment.”