The $1.2 million, or 16.7%, year-over-year improvement in 2012 fourth quarter operating income reflects the quarterly revenue increase and more than offset a 6.2%, or $1.1 million, rise in total operating expenses, which included increased commissions and compensation related to higher revenue levels as well as increased promotional spending.Fourth quarter 2012 station operating income (SOI), a non-GAAP financial measure, rose $1.3 million, or 14.3%, to $10.8 million compared with the 2011 fourth quarter, as the higher quarterly net revenue more than offset a 5.9%, or $0.9 million, increase in station operating expenses.
Beasley Broadcast Group Fourth Quarter Net Revenue Rises 9.1%; Same Station Net Revenue Increases 5.7%
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