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BEASLEY BROADCAST GROUP REPORTS FOURTH QUARTER REVENUE OF $67.3 MILLION

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NAPLES, Fla., March 20, 2025 /PRNewswire/ — Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (“Beasley” or the “Company”), a multi-platform media company, today announced operating results for the three months and year ended December 31, 2024. For further information, the Company has posted a presentation to its website regarding the fourth quarter and fiscal year highlights and accomplishments that management will review on today’s conference call.

Conference Call and Webcast 
Today, March 20, 2025 at 11:00 a.m. ET
+1 (646) 307-1963 or (888) 672-2415, conference ID 1613596 or
www.bbgi.com

Replay information provided below

 

Summary of Three Month and Full-Year Results

Three Months Ended

Year Ended

In millions, except per share data

December 31,

December 31,

2024

2023

2024

2023

Net revenue

$                  67.3

$                  65.7

$                 240.3

$               247.1

Operating income (loss) 1

7.6

7.6

13.1

(82.0)

Net income (loss) 1

(2.1)

6.4

(5.9)

(75.1)

Net income (loss) per diluted share 1

(1.17)

4.25

(3.73)

(50.26)

EBITDA per Indenture (non-GAAP) 2

$                  12.5

$                    6.2

$                  32.2

$                 23.9

Net loss and net loss per diluted share in the year ended December 31, 2024 both include a $6.0 million gain on sale of an investment in Broadcast Music, Inc. Operating loss, net loss and net loss per diluted share in the year ended December 31, 2023 all reflect $98.8 million of non-cash impairment losses.Following the closure of our debt exchange, we now report EBITDA per Indenture. See “Definitions” below for additional detail.

Fourth Quarter 2024 Highlights

Revenue from new business declined 12.8% year-over-yearGenerated $8.3 million in political revenueLocal revenue, including digital packages sold locally, accounted for 71% of net revenueDigital revenue declined 4.1% year-over-year to $11.5 millionDigital revenue accounted for 17.1% of net revenue

FY 2024 Highlights

Revenue from new business increased 8.8% year-over-yearGenerated $12.1 million in political revenueLocal revenue, including digital packages sold locally, accounted for 76% of net revenueDigital revenue grew 2.9% year-over-year to $46.7 millionDigital revenue accounted for 19.4% of net revenue

Net revenue during the three months ended December 31, 2024 increased 2.3% to $67.3 million, driven by an $8.3 million boost from political advertising in Q4. This increase helped offset ongoing softness in the commercial advertising market, as well as revenue declines related to the divestiture of our Wilmington station and the closures of our esports division and Guarantee Digital.

Beasley reported operating income of $7.6 million in the fourth quarter of 2024, compared to operating income of $7.6 million in the fourth quarter of 2023. Operating income remained steady year-over-year despite the absence of a one-time $6.0 million gain in Q4 2023 from the extinguishment of franchise fees related to the sale of the Outlaws, our eSports division. These results reflect the success of our operating initiatives, including workforce realignment, operational efficiencies, and the optimization of our cost structure.

Beasley reported a net loss of $2.1 million, or $1.17 per diluted share, in the three months ended December 31, 2024, compared to a net income of $6.4 million, or $4.25 per diluted share, in the three months ended December 31, 2023. The year-over-year decline was primarily driven by substantial one-time costs related to the Company’s September exchange offer and October refinancing, along with significant severance expenses incurred in the fourth quarter of 2024.

EBITDA per Indenture (a non-GAAP financial measure defined in our indentures and used by our creditors) was $12.5 million in the fourth quarter of 2024, compared to $6.2 million in the fourth quarter of 2023. The year-over-year increase is attributable to the Company’s disciplined expense management and strategic streamlining efforts.

Please refer to the “Reconciliation of Net Income (Loss) to Adjusted EBITDA and EBITDA per Indenture” tables at the end of this release.

Commenting on the financial results, Caroline Beasley, Chief Executive Officer said, “2024 was a transformative year for Beasley as we took decisive actions to strengthen our balance sheet, streamline our operations, and position the Company for long-term success. Through disciplined cost management and strategic capital initiatives, we achieved approximately $20.0 million in annualized expense reductions, improved our leverage profile, and enhanced our financial flexibility. These efforts, combined with the continued momentum of our digital business—now representing nearly 20% of total revenue—have reinforced our ability to navigate industry challenges while capitalizing on new growth opportunities in audio and digital media.”

“As we enter 2025, we remain focused on executing our strategy to drive sustainable revenue growth, expand our digital offerings, and optimize our sales approach. We see substantial opportunities in harnessing data-driven insights, enhancing direct-to-consumer engagement, and providing our advertisers with cutting-edge marketing solutions. With a refined portfolio of premium brands, a leaner and more agile cost structure, and a strengthened financial foundation, Beasley is well-positioned to accelerate our digital evolution and deliver long-term value for our shareholders, audiences, and partners.”

Conference Call and Webcast Information

The Company will host a conference call and webcast today, March 20, 2025 at 11:00 a.m. ET to discuss its financial results and operations. To access the conference call, interested parties may dial 1 (646) 307-1963 or (888) 672-2415, conference ID 1613596 (domestic and international callers). Participants can also listen to a live webcast of the call at the Company’s website at www.bbgi.com. Please allow 15 minutes to register and download and install any necessary software. Following its completion, a replay of the webcast can be accessed for five days on the Company’s website, www.bbgi.com.

Questions from analysts, institutional investors and debt holders may be e-mailed to ir@bbgi.com at any time up until 9:00 a.m. ET on Thursday, March 20, 2025. Management will answer as many questions as possible during the conference call and webcast (provided the questions are not addressed in their prepared remarks).

About Beasley Broadcast Group

The Company is a multi-platform media company whose primary business is operating radio stations throughout the United States. The Company offers local and national advertisers integrated marketing solutions across audio, digital and event platforms. The Company owns and operates 57 AM and FM stations in the following large- and mid-size markets in the United States: Augusta, GA, Boston, MA, Charlotte, NC, Detroit, MI, Fayetteville, NC, Fort Myers-Naples, FL, Las Vegas, NV, Middlesex, NJ, Monmouth, NJ, Morristown, NJ, Philadelphia, PA, and Tampa–Saint Petersburg, FL. Approximately 20 million consumers listen to the Company’s radio stations weekly over-the-air, online and on smartphones and tablets, and millions regularly engage with the Company’s brands and personalities through digital platforms such as Facebook, X, text, apps and email. For more information, please visit www.bbgi.com.

For further information, or to receive future Beasley Broadcast Group news announcements via e-mail, please contact Beasley Broadcast Group, at 239-263-5000.

 

Definitions

EBITDA is defined as net income (loss) before interest income or expense, income tax expense or benefit, depreciation, and amortization.

Adjusted EBITDA is defined as EBITDA further adjusted to exclude certain, non-operating or other items that we believe are not indicative of the performance of our ongoing operations, such as impairment losses, other income or expense, one- time severance expense, stock-based compensation or equity in earnings of unconsolidated affiliates. See “Reconciliation of Net Income (Loss) to Adjusted EBITDA and EBITDA per Indenture” for additional information.

Adjusted EBITDA can also be calculated as net revenue less operating and corporate expenses plus stock-based compensation and other one-time expenses such as severance. We define operating expenses as cost of services and selling, general and administrative expenses. Corporate expenses include general and administrative expenses and certain other income and expense items not allocated to the operating segments.

Adjusted EBITDA is a measure widely used in the media industry. The Company recognizes that because Adjusted EBITDA is not calculated in accordance with GAAP, it is not necessarily comparable to similarly titled measures employed by other companies. However, management believes that Adjusted EBITDA provides meaningful information to investors because it is an important measure of how effectively we operate our business and assists investors in comparing our operating performance with that of other media companies.

EBITDA per Indenture refers to EBITDA as defined by our creditors. The Company recognizes that because EBITDA per Indenture is not calculated in accordance with GAAP, it is not necessarily comparable to similarly titled measures employed by other companies. However, management believes that EBITDA per Indenture provides meaningful information to investors because it reflects how our creditors are benchmarking our performance.

New business revenue is defined as revenue from an advertiser that has not advertised in the prior 13 months before the start of the current quarter.

 

Note Regarding Forward-Looking Statements

Statements in this release that are “forward-looking statements” are based upon current expectations and assumptions and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words or expressions such as “looking ahead,” “intends,” “believes,” “expects,” “seek,” “will,” “should” or variations of such words and similar expressions are intended to identify such forward-looking statements. Forward-looking statements, by their nature, address matters that are, to different degrees, uncertain. Key risks are described in the Company’s reports filed with the Securities and Exchange Commission (“SEC”) including its annual report on Form 10-K and quarterly reports on Form 10-Q. Readers should note that forward-looking statements are subject to change and to inherent risks and uncertainties and may be impacted by several factors, including:

ability to comply with the continued listing standards of Nasdaq, continued listing on Nasdaq or make periodic filings with the SEC;risks from health epidemics, natural disasters, terrorism, and other catastrophic events;adverse effects of inflation;external economic forces and conditions that could have a material adverse impact on our advertising revenues and results of operations;the ability of our stations to compete effectively in their respective markets for advertising revenues;our ability to develop compelling and differentiated digital content, products and services;audience acceptance of our content, particularly our audio programs;our ability to respond to changes in technology, standards and services that affect the audio industry;our dependence on federally issued licenses subject to extensive federal regulation;actions by the FCC or new legislation affecting the audio industry;increases to royalties we pay to copyright owners or the adoption of legislation requiring royalties to be paid to record labels and recording artists;our dependence on selected market clusters of stations for a material portion of our net revenue;credit risk on our accounts receivable;the risk that our FCC licenses could become impaired;our substantial debt levels and the potential effect of restrictive debt covenants on our operational flexibility and ability to pay dividends;the potential effects of hurricanes, extreme weather and other climate change conditions on our corporate offices and stations;the failure or destruction of the internet, satellite systems and transmitter facilities that we depend upon to distribute our programming;modifications or interruptions of our information technology infrastructure and information systems;the loss of executives and other key employees;our ability to identify, consummate and integrate acquired businesses and stations;the fact that our Company is controlled by the Beasley family, which creates difficulties for any attempt to gain control of our Company; andother economic, business, competitive, and regulatory factors affecting our businesses, including those set forth in our filings with the SEC.

Our actual performance and results could differ materially because of these factors and other factors discussed in our SEC filings, including but not limited to our annual reports on Form 10-K or quarterly reports on Form 10-Q, copies of which can be obtained from the SEC, www.sec.gov, or our website, www.bbgi.com. All information in this release is as of March 20, 2025, and we undertake no obligation to update the information contained herein to actual results or changes to our expectations, except as required by law.

 

BEASLEY BROADCAST GROUP, INC.

Condensed Consolidated Statements of Net Income (Loss) – Unaudited

Three months ended

Twelve months ended

December 31,

December 31,

2024

2023

2024

2023

Net revenue

$      67,285,492

$      65,748,658

$  240,291,611

$  247,109,258

Operating expenses:

Operating expenses (including stock-based compensation and excluding depreciation and amortization shown separately below)

 

53,233,833

 

56,148,960

 

201,768,757

 

208,247,221

Corporate expenses (including stock-based compensation)

4,688,478

4,865,328

17,272,696

18,246,731

Depreciation and amortization

1,780,438

2,182,369

7,236,060

8,809,343

FCC licenses impairment losses

—

969,600

—

89,214,665

Goodwill impairment losses

—

—

922,000

10,582,360

Extinguishment of franchise fee

—

(6,000,000)

—

(6,000,000)

Total operating expenses

59,702,749

58,166,257

227,199,513

329,100,320

Operating income (loss)

7,582,743

7,582,401

13,092,098

(81,991,062)

Non-operating income (expense):

Interest expense

(3,460,070)

(6,843,853)

(21,233,027)

(26,607,920)

Debt issuance expenses

(5,982,414)

—

(5,982,414)

—

Gain on sale of investment

—

—

6,026,776

—

Gain on repurchases of long-term debt

—

6,834,667

—

7,807,875

Other income, net

247,413

821,171

799,558

1,532,131

Income (loss) before income taxes

(1,612,328)

8,394,386

(7,297,009)

(99,258,976)

Income tax expense (benefit)

451,058

1,997,841

(1,344,961)

(24,287,366)

Income (loss) before equity in earnings of unconsolidated affiliates

 

(2,063,386)

 

6,396,545

 

(5,952,048)

 

(74,971,610)

Equity in earnings of unconsolidated affiliates, net of tax

4,754

(12,651)

64,790

(148,528)

Net income (loss)

$      (2,058,632)

$        6,383,894

$      (5,887,258)

$     (75,120,138)

Basic net income (loss) per share

$               (1.17)

$                 4.26

$               (3.73)

$              (50.26)

Diluted net income (loss) per share

$               (1.17)

$                 4.25

$               (3.73)

$              (50.26)

Basic common shares outstanding

1,754,092

1,498,529

1,579,744

1,494,686

Diluted common shares outstanding

1,754,092

1,501,400

1,579,744

1,494,686

 

Selected Balance Sheet Data – Unaudited
(in thousands)

December 31,

            2024          

December 31,

            2023          

Cash and cash equivalents

$                    13,773

$                    26,734

Working capital

16,303

38,351

Total assets

549,207

574,268

Long-term debt, net of unamortized debt issuance costs

247,118

264,203

Stockholders’ equity

$                  147,220

$                  148,979

 

Selected Statement of Cash Flows Data – Unaudited

Twelve months ended

December 31,

2024

2023

Net cash used in operating activities

$              (3,711,785)

$                (4,678,549)

Net cash provided by investing activities

4,322,076

6,870,446

Net cash used in financing activities 

(13,571,492)

(14,992,629)

Net decrease in cash and cash equivalents

$            (12,961,201)

$              (12,800,732)

 

Calculation of Adjusted EBITDA – Unaudited

Three months ended

Twelve months ended

December 31,

December 31,

2024

2023

2024

2023

Net revenue

$            67,285,492

$            65,748,658

$           240,291,611

$          247,109,258

Operating expenses

(53,233,833)

(56,148,960)

(201,768,757)

(208,247,221)

Corporate expenses

(4,688,478)

(4,865,328)

(17,272,696)

(18,246,731)

Severance expenses

1,195,411

225,072

3,696,913

504,772

Stock-based compensation expenses

120,034

312,954

893,292

846,375

Adjusted EBITDA

$            10,678,626

$              5,272,396

$             25,840,363

$            21,966,453

 

Reconciliation of Net Income (Loss) to Adjusted EBITDA and EBITDA per Indenture – Unaudited

Three months ended

Twelve months ended

December 31,

December 31,

2024

2023

2024

2023

Net income (loss)

$            (2,058,632)

$             6,383,894

$            (5,887,258)

$            (75,120,138)

Interest expense

3,460,070

6,843,853

21,233,027

26,607,920

Income tax benefit

451,058

1,997,841

(1,344,961)

(24,287,366)

Depreciation and amortization

1,780,438

2,182,369

7,236,060

8,809,343

EBITDA

3,632,934

17,407,957

21,236,868

(63,990,241)

Severance expenses

1,195,411

225,072

3,696,913

504,772

Stock-based compensation expenses

120,034

312,954

893,292

846,375

FCC licenses impairment losses

—

969,600

—

89,214,665

Goodwill impairment losses

—

—

922,000

10,582,360

Debt issuance expenses

5,982,414

—

5,982,414

—

Gain on sale of investment

—

—

(6,026,776)

—

Extinguishment of franchise fee

—

(6,000,000)

—

(6,000,000)

Gain on repurchases of long-term debt

—

(6,834,667)

—

(7,807,875)

Other income, net

(247,413)

(821,171)

(799,558)

(1,532,131)

Equity in earnings of unconsolidated affiliates, net of tax

(4,754)

12,651

(64,790)

148,528

Adjusted EBITDA

$            10,678,626

$             5,272,396

$             25,840,363

$            21,966,453

Non-recurring restructuring and reformatting expenses

—

197,493

760,637

197,493

Contract services

92,602

—

275,936

—

Non-cash trade adjustments

42,954

272,771

414,564

(178,329)

Property and franchise taxes

555,703

481,741

1,970,371

1,883,620

Pro-forma cost savings

1,136,989

—

2,926,187

—

EBITDA per Indenture

$            12,506,874

$             6,224,401

$             32,188,058

$            23,869,237

 

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SOURCE Beasley Media Group, Inc.

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Solid Joins Snowflake and Industry Leaders to Advance Open Standards for AI-Ready Semantic Context

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43 minutes ago

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July 24, 2026

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The Open Semantic Interchange (OSI) creates a universal semantic framework that enables AI agents, analytics platforms, and data systems to share trusted business context across the modern data ecosystem.

NEW YORK, July 13, 2026 /PRNewswire/ — Solid today announced it is joining the Open Semantic Interchange (OSI), an open source initiative that creates a universal specification for all companies to standardize their fragmented data definitions with an open, vendor-neutral semantic model specification. OSI aims to enhance interoperability across various tools and platforms, offering enterprises a vendor-neutral specification that provides consistent metrics and definitions across dashboards, notebooks, and machine learning models.

OSI is an open source initiative led by Snowflake, the AI Data Cloud company, and ecosystem partners across multiple domains and industries including business intelligence (BI), data governance, data engineering, AI, financial services, and manufacturing. Its goal is to create a common, vendor-agnostic specification that defines semantic metadata in a standard, open format. By facilitating seamless semantic metadata exchange, the initiative will accelerate the adoption of AI and BI tools to streamline operations and reduce complexity. This in turn allows organizations to unify their data definitions, leading to more comprehensive and accurate data analysis and data product sharing to fuel AI innovation.

By joining the Open Semantic Interchange, Solid is committed to the creation of a universal standard that simplifies data operations and accelerates innovation for the broader ecosystem,” said Yoni Leitersdorf, CEO & Co-Founder, Solid. “Our participation ensures that semantic context can automatically move seamlessly across AI agents, data warehouses, BI tools, and analytics platforms – enabling organizations to build reliable AI systems on top of a shared, interoperable understanding of their business, without vendor lock-in.”

As a member of OSI, Solid is helping to build a transparent and community-driven standard for semantic model sharing, ensuring that business metrics and definitions remain consistent and interoperable.

“Unlocking the full potential of data and AI requires a common foundation, and the Open Semantic Interchange is the critical step in building that bedrock,” said Josh Klahr, Director of Analytics Product Management at Snowflake. “Our collaboration with partners like Solid establishes a unified, vendor-neutral standard for semantic data, ensuring clarity and consistency across the entire ecosystem. This initiative is essential for simplifying data operations, fostering innovation, and preparing organizations to build the next generation of AI applications.”

OSI is poised to revolutionize interoperability within the data and AI ecosystem by providing a transparent, community-driven standard. This collaborative effort simplifies data operations, unlocks new possibilities for innovation, and gives organizations the flexibility and efficiency they need to build a future-ready data infrastructure.

To learn more about the Open Semantic Interchange visit Snowflake’s blog here.

About Solid

Solid is the AI-native context layer for enterprise AI, automatically creating, evaluating, and maintaining the semantic context AI agents need to understand and act on business data reliably. Unlike legacy semantic layers built for dashboards and manual modeling, Solid continuously benchmarks accuracy, detects data changes, and keeps AI systems aligned as the business evolves. The result is faster deployment of trusted AI agents, workflows, and analytics across any data warehouse or AI platform.

To learn more about Solid, visit getsolid.ai

Media Contact: Blair Bader, blairb@getsolid.ai

View original content to download multimedia:https://www.prnewswire.com/news-releases/solid-joins-snowflake-and-industry-leaders-to-advance-open-standards-for-ai-ready-semantic-context-302834217.html

SOURCE Solid Data, Inc

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Orbis Marks 30 Years of Advancing Eye Health in Vietnam Through Long-Term Partnership and Training

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43 minutes ago

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July 24, 2026

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Flying Eye Hospital project in Da Nang, supported by FedEx, advances locally led eye care and expands access across Central Vietnam and the Central Highlands.

DA NANG, Vietnam, July 24, 2026 /PRNewswire/ — Global eye care nonprofit Orbis International is marking three decades of collaboration with Vietnam’s eye health community, a long-term partnership that has helped build local expertise, strengthen institutions, expand access to care, and support Vietnam’s growing leadership in eye health across the Asia-Pacific region.

The arrival of the Orbis Flying Eye Hospital in Da Nang represents the next chapter in that partnership. At the invitation of Da Nang Eye Hospital and with approval from the People’s Committee of Da Nang City, and support from Da Nang Department of Health, and other relevant departments and local authorities, the project will serve as a platform for hands-on training, innovation, and knowledge exchange. Through clinical training and mentorship across key specialties, the project will help approximately 230 eye care professionals build skills that will benefit communities for years to come, while supporting access to specialized services for nearly 9 million people in Central Vietnam and the Central Highlands.

Cybersight, Orbis’s telemedicine and e-learning platform, is an integral part of every Flying Eye Hospital project—connecting in-person training with continuous learning before and after the aircraft is on site. Through Cybersight, participants can prepare in advance, consult with global experts, access ongoing education, and continue building skills long after the project concludes, extending the impact of the Flying Eye Hospital far beyond the aircraft itself.

“This project is not a standalone intervention; it is the latest chapter in a long-term partnership to advance Vietnam’s eye health system,” said Ngoc Pham, Orbis Vietnam Country Director. “The most important outcome is not what Orbis has done in Vietnam, but what Vietnamese institutions and eye care professionals now lead themselves. Our role at Orbis is increasingly to support, convene, innovate, and accelerate that local leadership so progress continues long after the Flying Eye Hospital departs.”

“Around the world, Orbis is focused on creating lasting change by investing in people, institutions, technology, and local leadership,” said Kathleen Sherwin, President and CEO of Orbis International. “The Flying Eye Hospital is one part of that larger model—bringing intensive, hands-on training together with tools like Cybersight, artificial intelligence (AI), and research so local teams can continue improving care long after a project ends. Vietnam shows what is possible when long-term partnership helps proven solutions take root and scale.”

Building on decades of progress, Vietnam is emerging as a regional leader in eye health, with particular strengths in pediatric care, diabetic retinopathy, retinopathy of prematurity, workforce development, and technology-enabled care. Its growing experience in AI-supported screening, implementation, research, and evidence generation can help inform eye health progress across the Asia-Pacific region.

FedEx, a long-time supporter of Orbis, and a title sponsor for this Flying Eye Hospital project in Vietnam, donated the MD-10 aircraft that serves as the Flying Eye Hospital and continues to provide essential logistical, financial, and operational support. Volunteer pilots from FedEx fly the aircraft to its destinations around the globe. FedEx is represented on the Orbis International Board of Directors.

“At FedEx, we believe that connecting people goes beyond delivering packages – it is about creating opportunities and helping communities thrive,” said Ee-Hui Tan, managing director of FedEx Vietnam and Cambodia. “We are proud to support the return of the Orbis Flying Eye Hospital to Vietnam. Together with Orbis, we are investing in the knowledge and skills of healthcare professionals, helping strengthen Vietnam’s eye care system so more patients can access quality care closer to home.”

Underscoring Orbis’s commitment to high-quality training and patient care, QUAD A, a nonprofit accreditation organization, works with Orbis to ensure that the Flying Eye Hospital meets rigorous standards that prioritize patient safety.

Over the past 30 years, Orbis has supported the training of more than 40,000 eye care professionals and helped expand access to care for millions of people across Vietnam. Today, Vietnamese institutions and professionals are increasingly leading innovation and delivering high-quality care independently, demonstrating the impact of sustained investment in local capacity, technology, and systems change.

Looking ahead, Orbis will continue working with partners across Vietnam to scale proven solutions through workforce development, technology, Cybersight, AI-supported screening, research, and stronger health systems—so that more people can receive quality eye care closer to home.

Orbis in Vietnam

Since beginning work in Vietnam in 1996, Orbis has worked alongside government partners, hospitals, and training institutions to expand access to quality eye care and build sustainable local capacity. Cumulative impact includes:

More than 40,000 eye care professionals trained.More than 5.2 million people reached with eye care services.More than 139,000 sight-saving surgeries supported.17 retinopathy of prematurity centers supported.12 vision centers strengthened to bring care closer to communities.National clinical guidelines supported across priority eye health areas.Cybersight and AI-supported screening deployed to expand training, consultation, and early detection.

This work has supported national clinical guidelines, stronger referral pathways, improved treatment outcomes, and new models of care in areas including retinopathy of prematurity, pediatric eye care, school eye health, cataract, diabetic retinopathy, and glaucoma.

As the partnership continues, Orbis and its partners are focused on scaling proven solutions through workforce development, technology, Cybersight, AI, research, and stronger health systems—so that everyone can access quality eye care closer to home.

About Orbis International

Orbis International works around the world to prevent blindness and restore sight for children and adults in places where eye care is out of reach—so vision problems don’t make it harder to learn, earn a living, or enjoy life. Around 1.1 billion people live with vision loss, but with the right care, 90% of it is completely avoidable. That is why Orbis trains doctors, nurses, and other eye care professionals to provide care in their own communities—and works to make sure people of all ages can access the eye exams, glasses, medicine, and surgeries they need to protect and restore their sight. Orbis began this work more than 40 years ago with the Flying Eye Hospital, a teaching hospital on a plane that brings expert training and care where they’re needed most. Today, we also work with local hospitals and clinics across Africa, Asia, and Latin America to make eye care available to more people, and we use and develop technology—like our award-winning Cybersight e-learning and telehealth platform, artificial intelligence screening, and virtual reality training—to help eye care teams treat patients more effectively. Orbis ranks in the top 3% of U.S. charities, having earned top marks for transparency and accountability from Charity Navigator, GuideStar, and the Better Business Bureau. To learn more, please visit orbis.org

About FedEx Corp.

FedEx Corp. provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. With annual revenue of $92 billion, the company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 500,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.

Media Contacts

Orbis Vietnam
Nhung Nguyen
Communications Officer
Nhung.nguyen@orbis.org
+84 0904562983

Orbis International
Jenna Montgomery
Interim Lead, Global Communications and Marketing
Jenna.montgomery@orbis.org

FedEx
Heather Harshbarger
Communications Advisor
+1 901-690-9869

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/orbis-marks-30-years-of-advancing-eye-health-in-vietnam-through-long-term-partnership-and-training-302834196.html

SOURCE Orbis International

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Technology

In HelloNation, Property Management Expert Karen Nolan Explains What Property Managers Do for Landlords

Published

43 minutes ago

on

July 24, 2026

By

The article outlines how property management services support landlords through tenant screening, maintenance, and lease enforcement.

MENIFEE, Calif., July 24, 2026 /PRNewswire/ — What do property managers actually do for landlords in Menifee, CA? HelloNation has published an article that provides clear answers and practical insight into the full scope of property management services.

 

The HelloNation article explains that a property manager handles far more than rent collection. Property management services begin with marketing vacancies and attracting qualified renters in Menifee, CA. The article explains how tenant screening plays a central role in protecting landlords by carefully evaluating applicants and reducing the risk of future issues.

According to the article, tenant screening helps ensure that each tenant meets financial and behavioral expectations. This step supports stable occupancy and reduces turnover, which is critical for any landlord managing property in Menifee, CA. Property Management Experts note that consistent tenant screening also helps maintain the long-term value of rental properties.

Once tenants are placed, the article outlines how a property manager becomes the main point of contact. Property management services include responding to tenant concerns, handling communication, and enforcing leases. By managing these responsibilities, the property manager allows the landlord to avoid direct disputes and maintain professional distance.

The article emphasizes that lease enforcement is essential to protecting both the property and the agreement. Property managers monitor compliance with lease terms and address violations when necessary. This structured approach helps landlords in Menifee, CA, maintain order and consistency across their rental properties.

Maintenance is another major focus of property management services. The article explains that property managers coordinate maintenance and oversee property repairs to keep homes safe and functional. While they may not perform repairs themselves, they manage vendors, schedule work, and respond to urgent issues quickly.

The article notes that timely maintenance and property repairs prevent small issues from becoming larger and more expensive problems. This proactive approach supports tenant satisfaction while preserving the property’s condition. Property Management Experts highlight that consistent maintenance planning is a key benefit for any landlord.

Beyond daily operations, the HelloNation article describes the administrative side of property management services. A property manager prepares leases, maintains records, and ensures compliance with local and state regulations in Menifee, CA. This includes staying informed about legal requirements that affect landlords and rental properties.

Financial oversight is also part of the role. The article explains that property managers handle rent collection, manage deposits, and provide regular financial reporting. These services give landlords a clear understanding of property performance without requiring constant involvement.

For landlords who own multiple properties or live outside Menifee, CA, the article highlights the value of professional property management services. A property manager helps streamline operations, coordinate maintenance, and ensure that lease enforcement and tenant screening are handled consistently. This reduces stress while improving efficiency.

The article concludes that understanding the full role of a property manager helps landlords make informed decisions about their level of involvement. With responsibilities that include tenant screening, maintenance, lease enforcement, and property repairs, property management services offer a comprehensive solution for effectively managing rental properties.

What Do Property Managers Actually Do for Landlords in Menifee features insights from Karen Nolan, Property Management Experts of Menifee, California, in HelloNation.

About HelloNation
HelloNation is a premier media platform that connects readers with trusted professionals and businesses across various industries. Through its innovative “edvertising” approach that blends educational content with storytelling, HelloNation delivers expert-driven, good-news articles that inform, inspire, and empower. Covering topics from home improvement and health to business strategy and lifestyle, HelloNation highlights leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/in-hellonation-property-management-expert-karen-nolan-explains-what-property-managers-do-for-landlords-302753105.html

SOURCE HelloNation

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