BBGI Profile
Beasley Broadcast Group Inc. (BBGI) is a radio broadcasting company that operates radio stations throughout the United States. The company's stations broadcast various formats, including news, talk, sports, and music, to audiences in large and mid-sized markets.
As of its last market close, BBGI had a market capitalization of approximately $129 million USD. The company had a trailing twelve-month revenue of approximately $147 million USD and a net loss of approximately $17 million USD. BBGI's stock price had a 52-week range of $1.25 - $4.15 USD and was trading at approximately $2.92 USD at the time of its last market close.
Beasley Broadcast Group is focused on expanding its reach and growing its market share through strategic acquisitions and partnerships. The company is also committed to enhancing its operational efficiency and improving its financial performance.
Investing in BBGI carries risks, including risks associated with changes in economic conditions and media industry trends, as well as risks associated with changes in government regulations and competition from larger media companies. Additionally, Beasley Broadcast Group is subject to technological risks, including risks associated with the growth of digital media and changing consumer preferences. Investors should carefully consider these risks before making any investment decisions.
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