BEASLEY BROADCAST GROUP REPORTS THIRD QUARTER REVENUE OF $42.8 MILLION

Caroline Beasley, Chief Executive Officer of Beasley Broadcast Group

“While the advertising environment remains challenging, our third-quarter results demonstrate the tangible progress we are making in building a more efficient and financially resilient company. The structural cost reductions implemented over the past two years are helping us protect profitability amid continued revenue pressure, while our digital business is generating stronger operating margins. We are encouraged by the growth in local direct advertising and remain focused on rebuilding revenue, improving sales productivity, and expanding the higher-margin products and services that we believe will support sustainable growth.”

Caroline Beasley, Chief Executive Officer of Beasley Broadcast Group

“Looking ahead, our priorities remain clear: stabilize and rebuild core revenue, expand digital profitability, improve free cash flow generation, and continue reducing leverage. While there is more work ahead, we believe the actions we have taken have established a stronger operating and financial foundation. As we enter the next phase of our transformation, we remain focused on translating these improvements into more consistent financial performance and creating long-term value for our stockholders.”