{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-003264","form_type":"8-K","ticker":"SGA","cik":"0000886136","company_name":"SAGA COMMUNICATIONS INC","filed_at":"2023-03-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.401091+00:00","generated_at":"2026-06-18T08:07:04.641411+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Saga Communications FY2022 revenue up 6% to $114.9M; adjusted EPS $2.15 vs $1.85 prior year","bullets":["FY2022 net revenue $114.9M (+6.0% YoY); reported diluted EPS $1.52; adjusted diluted EPS $2.15 (excl. founder death-related costs).","Q4 revenue $30.1M (+3.3%); diluted EPS $0.70; operating income flat at $4.9M.","Declared $0.25 quarterly dividend payable Apr 7; also paid $2.00 special dividend on Jan 13.","Cash and short-term investments $46.9M at Dec 31, 2022; 2023 capex guided $5.0-5.5M.","Founder death in Aug 2022 caused one-time expenses; adjusted operating income would have risen 12.3% to $16.9M."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-003264","json":"https://secwatch.observer/filing/0001558370-23-003264.json","markdown":"https://secwatch.observer/filing/0001558370-23-003264.md","text":"https://secwatch.observer/filing/0001558370-23-003264.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/886136/000155837023003264/0001558370-23-003264-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/886136/000155837023003264/sga-20230309x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T08:07:04.641411+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":[{"claim_id":"3ead22dac6f28c96b094a96d9206b28d4f15a1d1","claim":"SAGA COMMUNICATIONS INC reported the twelve-month period ended December 31, 2022 results: revenue $114.9 million, net income $9.2 million, EPS $1.52.","evidence_excerpt":"(313) 886-7070 ​ Grosse Pointe Farms, MI – March 9, 2023 – Saga Communications, Inc. (Nasdaq - SGA) (the “Company” or “Saga”) reported today that net revenue increased 6.0% to $114.9 million for the twelve-month period ended December 31, 2022 compared to $108.3 million for the same period last year. Despite strong underlying performance the results were impacted by","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/886136/000155837023003264/0001558370-23-003264-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the twelve-month period ended December 31, 2022"},{"label":"Revenue","value":"$114.9 million"},{"label":"Net income","value":"$9.2 million"},{"label":"EPS","value":"$1.52"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"877838f8b66ae5e55d71f4cc74011f4289f7a737","claim":"SAGA COMMUNICATIONS INC reported the quarter ended December 31, 2022 results: revenue $30.1 million, net income $4.3 million, EPS $0.70.","evidence_excerpt":"16.8% to $13.0 million. Diluted earnings per share would have been $2.15 per share as compared to $1.85 per share for the same period last year. ​ Net revenue increased 3.3% to $30.1 million for the quarter ended December 31, 2022 compared to $29.2 million for the same period last year. Station operating expense increased 5.9% for the quarter to $22.9 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/886136/000155837023003264/0001558370-23-003264-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2022"},{"label":"Revenue","value":"$30.1 million"},{"label":"Net income","value":"$4.3 million"},{"label":"EPS","value":"$0.70"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}