{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-011483","form_type":"8-K","ticker":"SGA","cik":"0000886136","company_name":"SAGA COMMUNICATIONS INC","filed_at":"2024-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.176341+00:00","generated_at":"2026-05-31T11:30:27.925399+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Saga Communications Q2 net income falls 26% to $2.5M; revenue down 1.5% to $28.7M","bullets":["Q2 operating income halved to $2.1M from $4.3M; station operating income (non-GAAP) fell to $6.4M from $8.0M.","Six-month net income $0.9M vs $4.3M; operating loss $0.3M vs income of $5.2M; diluted EPS $0.15.","Acquired five radio stations and one translator in Lafayette, IN on May 31, 2024; operated one month in Q2.","Paid quarterly dividend $0.25/share on June 28; aggregate $1.6M. Cash plus short-term investments $24.1M at June 30; $5.0M drawn on revolver.","Full-year capex guidance maintained at $5.0–$5.5M; YTD capex flat at $2.6M."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-011483","json":"https://secwatch.observer/filing/0001558370-24-011483.json","markdown":"https://secwatch.observer/filing/0001558370-24-011483.md","text":"https://secwatch.observer/filing/0001558370-24-011483.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/886136/000155837024011483/0001558370-24-011483-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/886136/000155837024011483/sga-20240808x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T11:30:27.925399+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"}