Beasley Broadcast Group, Inc (NASDAQ:BBGI) Q3 2024 Results Conference Call November 5, 2024 11:30 AM ET

Company Participants

Caroline Beasley - Chief Executive Officer
Lauren Coleman - Chief Financial Officer

Operator

Good morning, and welcome to Beasley Broadcast Group Third Quarter 2024 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-K 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 S-K. 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 5 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. Please go ahead.

Caroline Beasley

Thank you, Ryan, and good morning, everyone, and thank you for joining us to review our third quarter results. Before we dive into the third quarter and other recent developments, I want to thank Marie Tedesco, who retired last week from Beasley after 33 years, including serving as our CFO for the last 7 years. On behalf of the Board and the entire Beasley team, we wish her the very best in the next phase of her journey. .

I'm pleased to announce that Lauren Burrows Coleman, our newly appointed CFO, is on the call with me this morning. Lauren joined us from Waver where she served as Global Head of Strategic Corporate and Commercial Finance. Leading the team of 50 across financial planning and analysis, commercial finance, capital markets, corporate development and global tax options. We're delighted to have her on the team, and she has hit the ground running.

The last few months have been both active and productive for Beasley as we've reached an inflection point with respect to successfully addressing several of the strategic priorities that we've discussed on recent calls related to debt reduction, maturities and our NASDAQ listing.