Revenue was up 8.2% in the third quarter for Beasley Broadcast, to $31.8 million. Year to date, the company’s revenue is up 7.8% to $88.8 million.
CEO George G. Beasley said it was a third consecutive quarter of revenue growth.
“Despite these improvements, the fourth quarter will be challenging due to the expected absence of several streams of revenue at our Miami cluster totaling approximately $1.1 million, which existed during 2003 but will not occur in 2004, as well as the lingering effect of this year’s hurricanes on demand for local
advertising in Miami and Ft. Myers.”
Beasley has 41 stations.
Beasley Revenue Up
Beasley Revenue Up