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Earnings Call Summary | Beasley Broadcast Group(BBGI.US) Q1 2024 Earnings Conference

Earnings Call Summary | Beasley Broadcast Group(BBGI.US) Q1 2024 Earnings Conference

業績電話會議摘要 | 比斯利廣播集團 (BBGI.US) 2024 年第一季度業績發佈會
富途資訊 ·  05/12 02:49  · 電話會議

The following is a summary of the Beasley Broadcast Group, Inc. (BBGI) Q1 2024 Earnings Call Transcript:

以下是比斯利廣播集團公司(BBGI)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Beasley Broadcast Group reported Q1 revenue decrease of 5.9%, slightly below pacings previewed during Q4 report.

  • Net political revenue was $548,000 in Q1 compared to $19,000 in Q1 of 2023.

  • Operating expenses declined 2.8% due to the divestiture of WJBR and their esports team.

  • Adjusted EBITDA for the first quarter was $731,000, down from $2.6 million in the previous year.

  • The company reported total debt of $267 million in Q1.

  • 比斯利廣播集團報告稱,第一季度收入下降了5.9%,略低於第四季度報告中的預期。

  • 第一季度的淨政治收入爲54.8萬美元,而2023年第一季度爲19,000美元。

  • 由於剝離了WJBR及其電子競技團隊,運營支出下降了2.8%。

  • 第一季度調整後的息稅折舊攤銷前利潤爲73.1萬美元,低於去年的260萬美元。

  • 該公司報告稱,第一季度債務總額爲2.67億美元。

Business Progress:

業務進展:

  • Positive revenue growth reported in Augusta, Charlotte, Fayetteville, and Digital Direct.

  • 20% digital revenue growth witnessed in the quarter on a same-station basis.

  • Beasley is highly focusing on digital growth through expansion of digital sales force, strong local relationships, digital marketing strategies, and CPM growth.

  • Sports betting category recorded a 17% year-over-year increase with $4.9 million in Q1.

  • The company has initiated a website redesign for improved user experience and carried out strategic realignments to reduce costs.

  • Beasley is optimistic about 2024 growth prospects, expecting strong political spend in H2 and continued digital growth.

  • 奧古斯塔、夏洛特、費耶特維爾和Digital Direct報告了正收入增長。

  • 本季度在同站基礎上實現了20%的數字收入增長。

  • Beasley高度關注通過擴大數字銷售隊伍、牢固的本地關係、數字營銷策略和CPM增長來實現數字增長。

  • 第一季度體育博彩類別同比增長17%,達到490萬美元。

  • 該公司已啓動網站重新設計以改善用戶體驗,並進行了戰略調整以降低成本。

  • 比斯利對2024年的增長前景持樂觀態度,預計下半年的政治支出將強勁,數字經濟將持續增長。

更多詳情: 比斯利廣播集團 IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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譯文內容由第三人軟體翻譯。


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