{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-095527","form_type":"8-K","ticker":"SGA","cik":"0000886136","company_name":"SAGA COMMUNICATIONS INC","filed_at":"2026-08-13T13:05:25+00:00","discovered_at":"2026-08-13T13:06:00.344604+00:00","generated_at":"2026-08-13T13:06:09.677019+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Saga Q2 revenue down 6.5% to $26.4M; six-month net loss $1.4M","bullets":["Q2 net revenue $26.4M (-6.5% YoY); operating income $623K vs $1.4M; net income $960K, diluted EPS $0.15.","Six-month revenue $49.3M (-6.0%); operating loss $2.6M; net loss $1.4M, diluted loss per share $0.23.","Sold 24 towers for ~$10.7M; records non-cash rent expense $352K and non-cash interest income $381K in Q2.","Paid quarterly dividend $0.25/share on June 12, 2026; aggregate ~$1.6M; total dividends since 2012 exceed $145M.","Cash and short-term investments $27.8M at June 30; repaid $5.0M revolver; 2026 capex guidance $3.0-3.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-095527","json":"https://secwatch.observer/filing/0001104659-26-095527.json","markdown":"https://secwatch.observer/filing/0001104659-26-095527.md","text":"https://secwatch.observer/filing/0001104659-26-095527.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/886136/000110465926095527/0001104659-26-095527-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/886136/000110465926095527/sga-20260813x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-13T13:06:09.677019+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}