Beasley Broadcast Group, Inc. (BBGI) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to Beasley Broadcast Group Full Year twenty twenty five Earnings Call. Before proceeding, I would like to emphasize that today's conference call and webcast will contain forward looking statements about our future performance and results of operations that involve risks and uncertainties described in the Risk Factors section of our most recent annual report on Form 10 ks as supplemented by our quarterly report on Form 10 Q. Today's webcast will also contain a discussion of certain non GAAP financial measures within the meaning of Item 10 of Regulation SK. A reconciliation of these non GAAP measures with their most directly comparable financial measures calculated and presented in accordance with GAAP can be found in this morning's news announcement and on the company's website. I would also remind listeners that following its completion, a replay of today's call can be accessed for five days on the company's website, www.bbgi.com. You can also find a copy of today's press release on the Investors or Press Room sections of the site. At this time, I would like to turn the conference over to your host, Beasley Broadcast Group CEO, Caroline Beasley. Thank you, Alanna, and good morning, everyone. Thank you for joining us. We've certainly been busy over the last several months, as you may have read. Let's start with 2025, which was a year of significant challenge for the company. But more importantly, it was a year of decisive action and meaningful transformation across every part of our business. We operated in an environment where traditional audio revenue continued to decline at an accelerated pace, particularly within agency driven channels where we have historically had greater exposure. And as a result, full year net revenue declined to appr...