SAGA COMMUNICATIONS INC-CL A (SGA)
US7865983008 - Common Stock
SAGA COMMUNICATIONS INC-CL A
NASDAQ:SGA (5/10/2024, 3:30:02 PM)
20.83
-0.67 (-3.12%)
Company Profile
Saga Communications, Inc. operates as a broadcasting company, which engages in the acquisition, development, and operation of broadcast properties. The company is headquartered in Grosse Pointe Farms, Michigan and currently employs 585 full-time employees. The firm is primarily engaged in acquiring, developing, and operating broadcast properties. The firm owns approximately 79 frequency modulation (FM), 34 AM radio stations, and 80 metro signals serving over 27 markets, including Asheville, Bellingham, Brattleboro, Bucyrus, Champaign, Charleston, Charlottesville, Clarksville, Columbus, Des Moines, Greenfield, Harrisonburg, Hilton Head Island, Ithaca, Jonesboro, Keene, Manchester, Mitchell, Norfolk, Ocala, Northampton, Portland, Spencer, Springfield, and Yankton. The radio stations that the Company owns and/or operates employ a variety of programming formats, including Classic Hits, Adult Hits, Top 40, Country, Country Legends, Mainstream/Hot/Soft Adult Contemporary, Pure Oldies, Classic Rock, and News/Talk. Its stations broadcast primarily in small to mid-size markets.
Company Info
SAGA COMMUNICATIONS INC-CL A
73 Kercheval Ave
Grosse Pointe Farms MICHIGAN 48236
P: 13138867070
CEO: Edward K. Christian
Employees: 585
Website: https://sagacom.com/
SGA News
13 hours ago - Market News VideoRelative Strength Alert For Saga Communications
2 days ago - InvestorPlaceSGA Stock Earnings: Saga Communications Reported Results for Q1 2024Saga Communications just reported results for the first quarter of 2024.
2 days ago - Saga Communications, Inc.Saga Communications, Inc. Reports 1st Quarter 2024 ResultsGROSSE POINTE FARMS, Mich., May 09, 2024 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company” or “Saga”) today reported that net revenue decreased 2.5% to $24.7 million for the quarter ended March 31, 2024 compared to $25.3 million for the same period last year. Station operating expense increased 5.9% for the quarter to $23.0 million compared to the same period last year. For the quarter, the operating loss was $2.4 million compared to operating income of $905 thousand for the same period last year and station operating income (a non-GAAP financial measure) decreased 40.9% to $2.8 million. The operating loss for the quarter included a $971 thousand other operating expense which was a non-cash write-off on the sale and abandonment of non-productive broadcast assets/licenses during the quarter. Capital expenditures were $1.1 million for the quarter compared to $1.4 million for the same period last year. We had a net loss of $1.6 million for the quarter compared to net income of $920 thousand for the first quarter last year. Diluted loss per share was $0.25 in the first quarter of 2024.
19 days ago - Saga Communications, Inc.Saga Communications, Inc. Announces Date and Time of 1st Quarter 2024 Earnings Release and Conference CallGROSSE POINTE FARMS, Mich., April 22, 2024 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 1st...
SGA Twits
Here you can normally see the latest stock twits on SGA, but your cookie settings prevent this from loading. You can edit your cookie settings in our cookie consent dialog.
Example Twits:
