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Beasley Broadcast Reports 2Q Results

Beasley Broadcast Reports 2Q Results

Large- and mid-size market radio group Beasley Broadcast has reported second-quarter results. For the three-month period ended June 30, Beasley saw a consolidated net revenue increase of 11.6% to $30.2 million. That’s up from $27.1 million at the same time last year. Broadcast cash flow registered at $8.5 million. That compares to $8.9 million in Q2 of 2000. After-tax cash flow for the three months ended June 39 was $3.1 million, compared to $5.2 million over the same period last year.

Beasley Broadcast Group was founded in 1961 and owns or operates 44 stations throughout the United States.