Recent 8-K filings for SGA
Highest-materiality recent filing
Saga Communications reports Q4 net loss of $6.9M; records $20.4M impairment, eliminating goodwill
- Q4 net revenue $26.5M (-9.3% YoY); diluted loss per share $1.07 vs income $0.20.
- Recorded $20.4M goodwill/FCC license impairment; no goodwill remains after charge.
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Saga Communications shareholders elect all 7 directors, approve say-on-pay and auditor ratification
All seven director nominees elected; votes range from 2.87M to 3.70M for, with broker non-votes of 863,982.
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Saga Communications Q1 net revenue falls 5.6% to $22.9M; net loss $2.4M; declares $0.25 dividend
Net revenue $22.9M vs $24.2M year ago (-5.6%); operating loss $3.3M vs $2.3M loss year ago.
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Saga Communications declares $0.25 Q2 dividend, aggregate ~$1.6M
Quarterly cash dividend of $0.25 per share declared, payable June 12, 2026 to holders of record May 22, 2026.
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Saga CEO Christopher Forgy returns to full duties after open-heart surgery leave
CEO Christopher S. Forgy resumed all regular duties effective April 15, 2026.
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Saga Communications reports Q4 net loss of $6.9M; records $20.4M impairment, eliminating goodwill
Q4 net revenue $26.5M (-9.3% YoY); diluted loss per share $1.07 vs income $0.20.
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Saga CEO Christopher Forgy begins indefinite medical leave; COO and CFO assume duties
CEO Christopher S. Forgy started temporary medical leave on February 13, 2026; recovery period indefinite.
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Saga Communications declares quarterly cash dividend of $0.25 per share
Dividend of $0.25/share payable March 20, 2026 to holders of record Feb 26, 2026.
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Saga Communications repurchases 2.8% of outstanding shares for $2.1M
Repurchased 184,215 shares at $11.50 per share in a privately negotiated transaction.
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Saga Communications declares $0.25 quarterly dividend, plans stock buybacks from asset sales
Quarterly cash dividend of $0.25 per share payable Dec 12, 2025 to holders of record Nov 24, 2025.
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Saga Q3 net loss $0.08/sh on revenue down 1.8%; tower sale $10.7M
Net revenue $28.2M (-1.8% YoY); station operating expense up 8.7% to $24.7M due to $2.1M retroactive music-license settlement.
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Saga sells 22 tower sites for ~$10.7M; cuts credit line to $40M
Sale of 22 tower sites to GTC Uno LLC closed Oct 17, 2025, for ~$10.7M; net cash proceeds ~$8.7M, $1.8M escrowed pending landlord consents.
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Saga Communications appoints new director, board expands to 8; COO gets change-in-control agreement
Board increased from 7 to 8; appointed Gregory D. Sutherland (age 66) as director, effective immediately.
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Saga Communications declares $0.25 quarterly dividend, plans buybacks from asset sales
Quarterly cash dividend of $0.25 per share, payable Sept 19, 2025 to holders of record Aug 26, 2025; aggregate ~$1.6M.
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Saga Communications Q2 net revenue down 5%; net income falls to $1.1M from $2.5M
Net revenue $28.2M, down 5.0% YoY; net income $1.1M vs $2.5M; diluted EPS $0.18.
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Saga Communications adopts amended bylaws; 2026 proposal deadline set
Board adopted Amended and Restated Bylaws effective June 19, 2025.
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Saga declares $0.25 quarterly dividend, plans buybacks from asset sales
Quarterly cash dividend of $0.25 per share; payable June 27, 2025 to holders of record June 6, 2025.
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Saga Q1 net revenue down 4.3% to $24.2M; non-GAAP station operating income falls to $2.2M
Net revenue $24.2M, down 4.3% YoY; net loss $1.6M ($0.25 diluted loss), consistent with prior year.
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Saga Communications annual meeting: all proposals pass, say-on-pay approved with 61% support
Seven director nominees elected with votes ranging from 3.35M to 4.01M 'for' and ~568K broker non-votes.
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Saga Communications Q4 net income drops to $1.3M from $2.5M; full-year diluted EPS $0.55
Q4 net revenue $28.8M (-1.3% YoY); operating income $984K vs $2.8M; diluted EPS $0.20.
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Saga Communications provides strategic update; Gate City nominates four board candidates
Saga outlines strategic actions: digital strategy, cost efficiencies, board refresh, and non-core asset sales with proceeds for buybacks/dividends.
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Saga Communications declares $0.25 quarterly dividend; payable March 7
Dividend of $0.25 per share payable March 7, 2025, to holders of record February 18, 2025.
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Saga Communications declares $0.25 quarterly dividend, payable Dec 13
Quarterly cash dividend of $0.25 per share declared; payable Dec 13, 2024, record Nov 25, 2024.
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Saga Communications Q3 net revenue down 3.5% to $28.1M; net income falls to $1.3M
Net revenue $28.1M (down 3.5% YoY); operating income $1.6M vs $3.5M.
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Saga Communications promotes Sam Bush to EVP, Wayne Leland to COO
Samuel D. Bush promoted to Executive Vice President, retaining CFO and Treasurer roles, effective Sept 16, 2024.
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Saga Communications declares $0.25 quarterly dividend, payable Oct 18
Quarterly dividend of $0.25 per share on Class A common stock.
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Saga Communications changes auditor to Crowe, dismisses UHY after competitive process
Appointed Crowe LLP as independent auditor for FY ending Dec 31, 2024, replacing UHY LLP.
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Saga Communications Q2 net income falls 26% to $2.5M; revenue down 1.5% to $28.7M
Q2 operating income halved to $2.1M from $4.3M; station operating income (non-GAAP) fell to $6.4M from $8.0M.
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Saga Communications declares $0.25/share quarterly cash dividend payable June 28
Dividend of $0.25 per share on Class A Common Stock, payable June 28, 2024 to holders of record June 3, 2024.
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Saga Communications Stockholders Elect Directors and Ratify Auditor at 2024 Annual Meeting
Seven director nominees elected, including Clarke R. Brown Jr. with 3,273,155 votes for and 1,699,639 withheld.
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Saga Communications Q1 net loss of $1.6M; revenue down 2.5% to $24.7M
Net loss of $1.6M ($0.25 diluted loss per share) vs. net income of $920k in Q1 2023.
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Saga Q4 net revenue down 3.3% to $29.1M; declares $0.60 variable dividend
Q4 net revenue $29.1M (-3.3% YoY); net income $2.5M ($0.37 diluted EPS) vs $4.3M last year.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.75 · Median 0.55 · Most common event earnings