Oct. 29: BBGI, NICK, NGNM

Beasley Broadcast Group Inc.
The Naples-based media company earned $2.1 million in profits on third quarter revenues of $24.2 million. While the revenue total represents a 0.9% drop over the year, net income is up 51.2%.

Reductions in operating costs, interest expense, and income taxes led the improved profitability, the company said in a release.

The company's overall industry appears to be recovering as well. Says CEO George Beasley, “Beasley Broadcast Group continues to benefit from the rebound in radio advertising activity.”