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:
以下是比斯利廣播集團（BBGI）2024年第三季度業績會議呼叫交易摘要：
Financial Performance:
財務表現:
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.
比斯利廣播集團報告第三季度總淨營業收入下降了3.2%，而同一電臺的收入增長了0.5%。
調整後的息稅折舊攤銷前利潤（EBITDA）爲560萬美元，顯示同比下降了6.9%。
數字營業收入第三季度同一電臺基礎增長了11.7%，現在佔總收入的19.4%。
Business Progress:
業務進展:
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.
成功重組債務，將其減少了4700萬美元，並延長到2028年到期。
關閉了Guarantee Digital等業務，並轉向加強本地直接和數字業務。
實施運營效率，降低費用並精簡開銷。
Opportunities:
機會：
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.
數字業務板塊表現強勁增長，成爲整體營業收入組合日益重要的一部分。
政治營業收入超過預期，表明在選舉週期中表現強勁。
Risks:
風險：
Decline in local spot revenue and challenges in advertising due to economic conditions, creating a cautious approach from advertisers post-election period.
本地現場營收下降，由於經濟狀況對廣告業務造成挑戰，廣告商在選舉後採取謹慎態度。
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提示：本文由人工智能生成。內容準確性無法完全保證。如需更全面詳情，請參閱IR網站。本文僅供投資者參考，不具有任何指導或推薦建議。
