{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-002642","form_type":"8-K","ticker":"SGA","cik":"0000886136","company_name":"SAGA COMMUNICATIONS INC","filed_at":"2025-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.684544+00:00","generated_at":"2026-05-25T00:30:02.790957+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 Communications Q4 net income drops to $1.3M from $2.5M; full-year diluted EPS $0.55","bullets":["Q4 net revenue $28.8M (-1.3% YoY); operating income $984K vs $2.8M; diluted EPS $0.20.","Full year net revenue $110.3M (-2.2%); operating income $2.4M (vs $11.5M); diluted EPS $0.55.","Station operating income (non-GAAP) declined 17.2% in Q4 and 23.1% for full year.","Company paid $0.25 quarterly dividend; $137M total dividends since 2012; cash $27.8M at Dec 31.","2025 capex guidance $4.0-4.5M; no forward revenue or EPS guidance provided."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-002642","json":"https://secwatch.observer/filing/0001558370-25-002642.json","markdown":"https://secwatch.observer/filing/0001558370-25-002642.md","text":"https://secwatch.observer/filing/0001558370-25-002642.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/886136/000155837025002642/0001558370-25-002642-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/886136/000155837025002642/sga-20250311x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T00:30:02.790957+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"}