Beasley Broadcast Group, Inc (BBGI) Q3 2024 Earnings Call Transcript Summary
Beasley Broadcast Group, Inc (BBGI) Q3 2024 Earnings Call Transcript Summary
Digital revenue grew by 11.7% in Q3 on a same-station basis, now representing 19.4% of total revenue.The following is a summary of the Beasley Broadcast Group, Inc (BBGI) Q3 2024 Earnings Call Transcript:
以下是比斯利广播集团（BBGI）2024年第三季度业绩会议呼叫交易摘要：
Financial Performance:
财务表现:
Beasley Broadcast Group reported a decline in total net revenue by 3.2% in Q3, while same-station revenue grew by 0.5%.
Adjusted EBITDA was $5.6 million for the quarter, indicating a decrease of 6.9% year-over-year.
Digital revenue grew by 11.7% in Q3 on a same-station basis, now representing 19.4% of total revenue.
比斯利广播集团报告第三季度总净营业收入下降了3.2%，而同一电台的收入增长了0.5%。
调整后的息税折旧摊销前利润（EBITDA）为560万美元，显示同比下降了6.9%。
数字营业收入第三季度同一电台基础增长了11.7%，现在占总收入的19.4%。
Business Progress:
业务进展:
Successfully restructured debt, reducing it by $47 million and extending maturities to 2028.
Closed operations such as Guarantee Digital and shifted focus towards strengthening local direct and digital businesses.
Implemented operational efficiencies resulting in reduced expenses and streamlined overheads.
成功重组债务，将其减少了4700万美元，并延长到2028年到期。
关闭了Guarantee Digital等业务，并转向加强本地直接和数字业务。
实施运营效率，降低费用并精简开销。
Opportunities:
机会：
Digital segment showed robust growth, becoming an increasingly significant part of the overall revenue mix.
Political revenue for the year exceeded projections, indicating a strong performance during the election cycle.
数字业务板块表现强劲增长，成为整体营业收入组合日益重要的一部分。
政治营业收入超过预期，表明在选举周期中表现强劲。
Risks:
风险：
Decline in local spot revenue and challenges in advertising due to economic conditions, creating a cautious approach from advertisers post-election period.
本地现场营收下降，由于经济状况对广告业务造成挑战，广告商在选举后采取谨慎态度。
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提示：本文由人工智能生成。内容准确性无法完全保证。如需更全面详情，请参阅IR网站。本文仅供投资者参考，不具有任何指导或推荐建议。
