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Beasley reports third quarter revenue basically flat, except for political
The topline decline of 1% was mostly due to last year's political dollars, says Beasley Broadcast Group. Quarterly revenue moved from $24.2 million to $24 million, while net income actually grew from $2.1 million to $2.3 million. Like many radio operators, Beasley continues to pay down debt, which stands at $13.2 million compared to $142 million at the end of 2010. Check the Beasley third quarter and year-to-date report, here. Beasley trades as "BBGI."
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