Beasley Cites Programming for Improved Numbers

Beasley Broadcast Group said its net revenue was up 8.7% to $31 million in the recent quarter, compared to last year. For the year to date, net revenue is up 7.6%.
The company also plans to repurchase up to $25 million of its common stock in the coming year.
Chairman/CEO George Beasley credited programming changes for revenue increases at seven of 10 market clusters.
Beasley has 27 FMs and 16 AMs in 11 large- and mid-size markets.