---
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"
generated_at: "2026-08-13T13:06:09.677019+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Saga Q2 revenue down 6.5% to $26.4M; six-month net loss $1.4M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-095527
- JSON: https://secwatch.observer/filing/0001104659-26-095527.json
- Plain text: https://secwatch.observer/filing/0001104659-26-095527.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.