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NAPLES, Fla. (AP) — NAPLES, Fla. (AP) — Beasley Broadcast Group Inc. (BBGI) on Wednesday reported a first-quarter loss of $2.7 million, after reporting a profit in the same period a year earlier.

The Naples, Florida-based company said it had a loss of $1.50 per share.

The radio broadcaster posted revenue of $48.9 million in the period.

Beasley shares have decreased 41% since the beginning of the year. The stock has decreased 61% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBGI at https://www.zacks.com/ap/BBGI