Beasley Broadcast's 15min chart triggered MACD Death Cross, KDJ Death Cross.

Beasley Broadcast's 15-minute chart exhibited a MACD Death Cross and KDJ Death Cross at 10:45 on May 9, 2025, which indicates a potential continuation of the downward trend in the stock price. This crossover suggests a shift in the momentum of the stock price towards the downside, with the potential for further declines in the value of the stock.

Beasley Broadcast Group (BBGI) reported its first-quarter 2025 earnings on May 7, 2025, highlighting a 10.1% year-over-year decline in total net revenue. The company's digital segment, however, showed resilience, growing by 6.4% year-over-year on a same-station basis, with digital net revenue reaching $10.8 million. CEO Caroline Beasley emphasized the company's strategy of future-proofing through digital incentives and cross-platform integration.

Digital Growth and Integration

Beasley Media Group's digital segment, which accounted for 22% of total revenue, demonstrated significant growth, with operating income increasing from $100,000 in Q1 2024 to $1.9 million in Q1 2025. The company has been focusing on optimizing its product portfolio, enhancing owned and operated digital platforms, and investing in ad technology to drive digital transformation [1].

Ratings and Market Position

The company's radio stations maintained their premium status in the industry, with six stations ranking number one in their markets among the key Adults, 25-54 demo. Nielsen's three-minute qualifier also showed a 20% quarter-to-quarter increase and a 10% year-over-year increase, with notable gains in Charlotte, Detroit, and Philadelphia [1].

Challenges and Strategic Adjustments

Despite the digital segment's growth, the company faced broader economic headwinds, leading to a 10% year-over-year decline in total net revenue. Beasley attributed this decline to macroeconomic pressures and continued to manage these headwinds through targeted expense reductions and strategic product realignment [1].

Stock Market Indicators

On May 9, 2025, at 10:45, Beasley Broadcast's 15-minute chart exhibited a MACD Death Cross and KDJ Death Cross, indicating a potential continuation of the downward trend in the stock price. These crossovers suggest a shift in the momentum of the stock price towards the downside, with the potential for further declines in the value of the stock [2].

References:
[1] https://www.insideradio.com/free/beasley-media-group-is-future-proofing-the-company/article_42cf69a5-dede-4f85-a183-91472f909543.html
[2] https://seekingalpha.com/article/4784342-beasley-broadcast-group-inc-bbgi-q1-2025-earnings-call-transcript