---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-014772"
form_type: "8-K"
ticker: "SGA"
cik: "0000886136"
company_name: "SAGA COMMUNICATIONS INC"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T04:10:41.801200+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Saga Communications Q3 net revenue down 3.5% to $28.1M; net income falls to $1.3M

## Summary
- Net revenue $28.1M (down 3.5% YoY); operating income $1.6M vs $3.5M.
- Net income $1.3M vs $2.7M; diluted EPS $0.20.
- Station operating income (non-GAAP) fell 21.2% to $6.0M.
- Same station revenue down 5.8%, operating income down 49.7%.
- Cash $28.7M as of Sept 30; $5M drawn on $50M revolver; $0.25 dividend paid Oct 18.

## SEC filing metadata
- accession: 0001558370-24-014772
- form_type: 8-K
- ticker: SGA
- cik: 0000886136
- company_name: SAGA COMMUNICATIONS INC
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886136/000155837024014772/0001558370-24-014772-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886136/000155837024014772/sga-20241107x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-014772
- JSON: https://secwatch.observer/filing/0001558370-24-014772.json
- Plain text: https://secwatch.observer/filing/0001558370-24-014772.txt

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