NAPLES, Fla. (AP) — NAPLES, Fla. (AP) — Beasley Broadcast Group Inc. (BBGI) on Thursday reported a loss of $10.4 million in its second quarter.
The Naples, Florida-based company said it had a loss of 35 cents per share. Losses, adjusted for asset impairment costs, were 8 cents per share.
The radio broadcaster posted revenue of $63.5 million in the period.
The company’s shares closed at 98 cents. A year ago, they were trading at $1.36.
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