Beasley Broadcast Group Files 8-K on Financial Condition
Ticker: BBGI · Form: 8-K · Filed: 2024-02-12T00:00:00.000Z
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K
TL;DR
**BBGI just dropped an 8-K on its financials, signaling an update on company performance.**
AI Summary
Beasley Broadcast Group, Inc. (BBGI) filed an 8-K on February 12, 2024, to report on its results of operations and financial condition. This filing indicates that the company is providing an update on its financial performance, which is crucial for investors to understand the company's current health and future prospects. For shareholders, this matters because it offers transparency into how the company is performing, directly impacting their investment's value and future decisions.
Why It Matters
This filing provides an update on Beasley Broadcast Group's financial health, which is essential for investors to assess the company's performance and make informed decisions about their stock.
Risk Assessment
Risk Level: low — This 8-K is a routine filing for reporting financial condition and does not inherently indicate new or elevated risks.
Analyst Insight
A smart investor would review the full financial statements and results of operations once they are available to understand the specific details of Beasley Broadcast Group's performance and its implications for future stock value.
Key Numbers
- 000-29253 — Commission File Number (identifies the company's filings with the SEC)
- 239 263-5000 — Registrant's Telephone Number (contact information for the company)
Key Players & Entities
- BEASLEY BROADCAST GROUP INC (company) — the registrant filing the 8-K
- 000-29253 (dollar_amount) — Commission File Number
- 65-0960915 (dollar_amount) — IRS Employer Identification No.
- February 12, 2024 (date) — Date of earliest event reported
- Nasdaq Global Market (company) — exchange where Class A Common Stock is registered
FAQ
What is the primary purpose of this 8-K filing by Beasley Broadcast Group, Inc.?
The primary purpose of this 8-K filing, dated February 12, 2024, is to report on the 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' of Beasley Broadcast Group, Inc.
What is the earliest event reported date for this 8-K filing?
The date of the earliest event reported in this 8-K filing is February 12, 2024.
Where is Beasley Broadcast Group, Inc.'s principal executive office located?
Beasley Broadcast Group, Inc.'s principal executive office is located at 3033 Riviera Drive, Suite 200, Naples, Florida, 34103.
What is the trading symbol and exchange for Beasley Broadcast Group, Inc.'s Class A Common Stock?
The trading symbol for Beasley Broadcast Group, Inc.'s Class A Common Stock, par value $0.001 per share, is BBGI, and it is registered on the Nasdaq Global Market.
Is Beasley Broadcast Group, Inc. identified as an emerging growth company in this filing?
The filing includes a checkbox to indicate whether the registrant is an emerging growth company, but the box is not checked, implying that Beasley Broadcast Group, Inc. is not identifying itself as an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 521 words · 2 min read · ~2 pages · Grade level 11.3 · Accepted 2024-02-12 16:29:04
Key Financial Figures
- $0.001 — tered Class A Common Stock, par value $0.001 per share BBGI Nasdaq Global Market
Filing Documents
- bbgi-20240212.htm (8-K) — 39KB
- bbgi-ex99_1.htm (EX-99.1) — 359KB
- img101118723_0.jpg (GRAPHIC) — 27KB
- 0000950170-24-013884.txt ( ) — 562KB
- bbgi-20240212.xsd (EX-101.SCH) — 23KB
- bbgi-20240212_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 12, 2024, Beasley Broadcast Group, Inc. issued a press release announcing its financial results for the fiscal quarter ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this report. In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit Number Description 99.1 Press Release dated February 12, 2024 issued by Beasley Broadcast Group, Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BEASLEY BROADCAST GROUP, INC. Date: February 12, 2024 By: /s/ Marie Tedesco Marie Tedesco Chief Financial Officer