earnings
confidence high
sentiment negative
materiality 0.60
Saga Communications Q2 net revenue down 5%; net income falls to $1.1M from $2.5M
SAGA COMMUNICATIONS INC
2025-Q2 EPS reported
-$0.07
revenue$52,441,000
- Net revenue $28.2M, down 5.0% YoY; net income $1.1M vs $2.5M; diluted EPS $0.18.
- Station operating income (non-GAAP) fell 6.4% to $6.0M; operating income $1.4M vs $2.1M.
- Six-month net loss $447K; operating loss $889K; diluted loss per share $0.07.
- Exploring sale of tower sites; potential proceeds high 7-figure/low 8-figure range; assessing non-core asset sales for buybacks.
- Paid $0.25/share dividend on June 27; aggregate $1.6M; intends to continue quarterly dividends.
item 2.02item 9.01