Saga Communications Q1 net loss widens
Saga Communications, Inc. Class A SGA | 0.00 |
Overview
U.S. radio and digital media firm's Q1 revenue fell 5.6% yr/yr
Company posted Q1 net loss of $2.4 mln, with diluted loss per share of $0.38
Station operating income dropped 62% from prior year
Outlook
Saga expects to spend about $3.5 mln on capital expenditures in 2026
Company intends to pay regular quarterly cash dividends in the future
Result Drivers
OPERATING EXPENSES - Station operating expense was nearly flat, down 0.2% yr/yr, not offsetting revenue decline
Company press release: ID:nGNX6FZQJZ
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q1 EPS |
|
-$0.38 |
|
Q1 Net Income |
|
-$2.40 mln |
|
Q1 Operating Income |
|
-$3.30 mln |
|
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the broadcasting peer group is "buy"
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