earnings
confidence high
sentiment negative
materiality 0.60
Saga Q3 net loss $0.08/sh on revenue down 1.8%; tower sale $10.7M
SAGA COMMUNICATIONS INC
2025-Q3 EPS reported
-$0.15
revenue$80,607,000
- Net revenue $28.2M (-1.8% YoY); station operating expense up 8.7% to $24.7M due to $2.1M retroactive music-license settlement.
- Operating loss $626K vs. income $1.6M last year; net loss $532K ($0.08 diluted loss per share) vs. net income $1.3M.
- Same-station net revenue down 4.8% for nine months; gross political revenue fell to $73K in Q3 from $677K.
- Agreed to sell towers at 22 sites for ~$10.7M cash; received $8.7M net, $1.8M in escrow pending landlord consents.
- Paid Q3 dividend $0.25/sh on Sept 19; intends future regular dividends; capex guidance $3.25-3.75M for 2025.