Saga Communications

Saga Communications, Inc. operates as a broadcasting company, which engages in the acquisition, development, and operation of broadcast properties. The company was founded by Edward K. Christian in 1986 and is headquartered in Grosse Pointe Farms, MI.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Saga Communications reports steady growth, eyes strategic investments for 2023

Saga Communications delivered steady financial performance in Q4 2022 and full-year 2022, focusing on shareholder value through dividends and a strong balance sheet.
While facing challenges in pursuing buyout offers and quiet acquisition opportunities, Saga remains prepared for strategic growth and market expansion.
Opportunities lie in strategic investments, digital revenue growth, and the adoption of a new variable dividend policy to attract investors and drive sustained performance.

Saga Communications reports mixed Q1 results amid revenue diversification

Saga Communications reported a mixed performance in Q1 2023, with revenue growth from national sources and digital segments offset by challenges in station operating income and revenue pacing.
The company's strategic strengths lie in diversification efforts, disciplined operations, and shareholder value enhancement initiatives.
While facing challenges in operating expenses and market uncertainties, Saga remains focused on growth opportunities in digital, potential acquisitions, and prudent capital management.

Saga Communications reports Q2 revenue dip but sees growth opportunities

Saga Communications faced a slight revenue decline in Q2 2023, offset by growth in key revenue streams like national and interactive revenue.
The company's strategic investments and commitment to shareholder value highlight a focus on long-term sustainability and financial strength.
While challenges like uncertain pacing and expense increases exist, Saga's emphasis on opportunities for diversification and growth positions it well for the future.

Saga Communications reports mixed Q3 results, eyes e-commerce growth

Saga Communications delivered a mixed performance in Q3, with revenue growth in key areas offset by a decline in net revenue. The company's focus on strategic investments and strong balance sheet position them well for future opportunities. Challenges include managing expenses and navigating revenue fluctuations.

Saga Communications reports mixed Q4 results, eyes digital growth

Saga Communications navigated mixed financial results in Q4 2023, driven by growth in streaming and e-commerce segments amidst economic challenges.
The company's strategic acquisitions, revenue diversification efforts, and operational stability position it well for future growth and profitability.
Despite revenue declines in Q4, Saga's focus on digital initiatives and optimistic outlook for 2024 underscore its resilience and growth potential.

Saga Communications tackles revenue challenges with digital transformation and acquisitions

Saga Communications faced revenue challenges in Q1 2024 but showed resilience with strategic investments and growth in interactive and e-commerce revenue. The company is addressing industry challenges by focusing on digital transformation and enhancing customer engagement. Despite near-term hurdles, Saga is positioning itself for long-term success through acquisitions and a shift towards a more diversified media approach.

Saga Communications reports resilient Q3 performance amidst digital challenges

Saga Communications navigated turbulent times by focusing on digital expansion and a blended advertising approach. Despite revenue decline, the company maintained profitability and highlighted the importance of radio during crises. Challenges in digital growth and advertising market concerns were acknowledged, with opportunities identified for improvement and capitalization.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

GROSSE POINTE FARMS, Mich., March 01, 2022 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company”, “Saga” or “our”) today announced that its Board of Directors declared a quarterly cash dividend of $0.16 per share. The dividend will be paid on April 8, 2022, to shareholders of record on March 21, 2022. The aggregate amount of the payment to be made in connection with the quarterly dividend will be approximately $970 thousand. The quarterly cash dividend will be funded by cash on the Company's balance sheet. Including this dividend, the Company will have paid over $78 million in dividends to shareholders since the first special dividend was paid in 2012.

Saga Communications, Inc. Declares a Quarterly Cash Dividend of $0.16 per Share

GROSSE POINTE FARMS, Mich., Feb. 07, 2022 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 4th Quarter and Year End 2021 results at 9:00 a.m. EST on Thursday, March 10, 2022. The company will be holding a conference call on the same date at 1:00 p.m. EST. The dial-in numbers are as follows:

Saga Communications, Inc. Announces Date and Time of 4th Quarter and Year End 2021 Earnings Release and Conference Call

GROSSE POINTE FARMS, Mich., Dec. 14, 2021 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq - SGA) today announced that its Board of Directors declared a quarterly cash dividend of $0.16 per share and a special cash dividend of $0.50 per share.

Saga Communications, Inc. Declares a Quarterly Cash Dividend of $0.16 per Share and a Special Cash Dividend of $0.50 per share

Saga Communications' (SGA) CEO Ed Christian on Q3 2021 Results - Earnings Call Transcript

GROSSE POINTE FARMS, Mich., Nov. 4, 2021 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq - SGA) reported today that net revenue was $28.8 million for the quarter ended September 30, 2021 compared to $24.1 million for the same period last year.

Saga Communications, Inc. Reports 3rd Quarter 2021 Results

Saga Communications, Inc. (SGA) CEO Ed Christian on Q3 2020 Results - Earnings Call Transcript

GROSSE POINTE FARMS, Mich., Aug. 5, 2021 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq - SGA) reported today that net revenue was $28.0 million for the quarter ended June 30, 2021 compared to $16.9 million for the same period last year.

Saga Communications, Inc. Reports 2nd Quarter 2021 Results Net Revenue Increases 66.3% for the Quarter

GROSSE POINTE FARMS, Mich., June 21, 2021 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq - SGA) (the "Company", "Saga" or "our") today announced that its Board of Directors declared a quarterly cash dividend of $0.16 per share.

Saga Communications, Inc. Announces the Resumption of the Company's Quarterly Cash Dividend and Declares a Quarterly Cash Dividend of $0.16 per Share

GROSSE POINTE FARMS, Mich., May 6, 2021 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq - SGA) reported today that first quarter 2021 revenue and the related net income continue to be impacted by the ongoing uncertainties in the marketplace.

Saga Communications, Inc. Reports 1st Quarter 2021 Results

Saga plc (LON: SAGA) said on Wednesday that its pre-tax loss narrowed significantly in fiscal 2021, attributed to lower costs. The announcement was particularly exciting as the ongoing COVID-19 crisis weighed heavily on the company's revenue in the recent year.

Saga plc pre-tax loss narrows to £61 million in fiscal 2021

Saga Communications' (SGA) CEO Ed Christian on Q4 2020 Results - Earnings Call Transcript

GROSSE POINTE FARMS, Mich., March 12, 2021 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq - SGA) reported today that fourth quarter and year end 2020 revenue and the related net income continue to be impacted by the COVID-19 pandemic.

Saga Communications, Inc. Reports 4th Quarter and Year End 2020 Results

Deep value play with some qualitative characteristics. Strong operating history and impressive cash flow generation trading at 5.0x normalised FCF net of cash.

Saga Communications: Deep Value Play With Strong Operating History

GROSSE POINTE FARMS, Mich., Jan. 20, 2021 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 4th Quarter and Year End 2020 results at 9:00 a.m. EST on Friday, March 12, 2021. The company will be holding a conference call on the same date at...

Saga Communications, Inc. Announces Date and Time of 4th Quarter and Year End 2020 Earnings Release and Conference Call

While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, virus news and stimulus talks, many smart money investors are starting to get cautious towards the current bull run since March and hedging or reducing many of their long positions. Some fund managers are betting on Dow hitting 30,000 to generate strong returns. However, as we know, big investors usually buy stocks with strong fundamentals that can deliver gains both in bull and bear markets, which is why we believe we can profit from imitating them. In this article, we are going to take a look at the smart money sentiment surrounding Saga Communications, Inc. (NASDAQ:SGA).

Do Hedge Funds Love Saga Communications, Inc. (SGA)?

GROSSE POINTE FARMS, Mich., Oct. 5, 2020 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 3rd Quarter 2020 results at 9:00 a.m. EST on Wednesday, November 4, 2020. The company will be holding a conference call on the same date at 11:00 a.m....

Saga Communications, Inc. Announces Date and Time of 3rd Quarter 2020 Earnings Release and Conference Call

Saga Communications, Inc. (SGA) CEO Ed Christian on Q2 2020 Results - Earnings Call Transcript

GROSSE POINTE FARMS, Mich., July 29, 2020 /PRNewswire/ -- Saga Communications, Inc.

Saga Communications, Inc. Announces Date and Time of 2nd Quarter 2020 Earnings Release and Conference Call

Saga Communications, Inc. (SGA) CEO Edward Christian on Q1 2020 Results - Earnings Call Transcript

Saga Communications, Inc (SGA) CEO Ed Christian on Q4 2019 Results - Earnings Call Transcript

Saga is launching a virtual currency which pegs its value to the basket of currencies that form the IMF's special drawing rights.

A blockchain firm advised by Nobel laureate Myron Scholes just launched a rival to Facebook's libra

Saga Communications, Inc. (SGA) CEO Ed Christian on Q3 2019 Results - Earnings Call Transcript

Saga Communications, Inc. (SGA) CEO Edward Christian on Q2 2019 Results - Earnings Call Transcript

Saga Communications, Inc. (SGA) CEO Edward Christian on Q1 2019 Results - Earnings Call Transcript

SGA earnings call for the period ending December 31, 2018.

News for Saga Communications Stock (SGA)