The $1.8 million, or 46.4% year-over-year improvement in 2010 second quarter operating income reflects the increased net revenue as well as benefits of the Company's cost containment measures which collectively resulted in a 2.6% reduction in total operating expenses including a 7.7% reduction in costs of services and flat corporate general and administrative expenses which more than offset a 2.1% rise in selling, general and administrative expenses which were primarily related to the higher revenue levels.Second quarter 2010 station operating income (SOI), a non-GAAP financial measure, rose $1.8 million, or 26.5% to $8.5 million compared with the 2009 second quarter, reflecting both the higher net revenue in the period as well as a 2.7% decline in station operating expenses. On a same-station basis second quarter 2010 SOI rose 21.2% to $8.5 million, from $7.0 million in the same period of 2009.
Beasley Broadcast Group Second Quarter Revenue Rises 5.6% To $24.9 Million; Same-Station Net Revenue Rises 6.6%
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