Saga Communications Q1 net loss widens

Saga Communications, Inc. Class A

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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