SGA Earnings

Saga Communications, Inc. Reports 2nd Quarter 2025 Results

Published August 07, 2025 at 01:00 PM

GROSSE POINTE FARMS, Mich., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company” or “Saga”) today reported that net revenue decreased 5.0% to $28.2 million for the quarter ended June 30, 2025 compared to $29.7 million for the same period last year. Station operating expense decreased 4.6% for the quarter to $22.2 million compared to the same period last year. For the quarter, operating income was $1.4 million compared to $2.1 million for the same quarter last year and station operating income (a non-GAAP financial measure) decreased 6.4% to $6.0 million. Capital expenditures were $1.3 million for the quarter compared to $1.5 million for the same period last year. We had net income of $1.1 million for the quarter compared to net income of $2.5 million for the second quarter last year. Diluted earnings per share were $0.18 in the second quarter of 2025.

Related Questions

How have the company’s operating margins and EBITDA margin changed year‑over‑year? What guidance did management provide for Q3 2025 revenue and earnings, and does it address the 5% revenue decline? How did the drop in net income from $2.5M to $1.1M affect the company's cash flow and dividend coverage? Are there any changes to the company's debt levels or credit metrics following the earnings decline? How does the decrease in operating income compare to the performance of other radio broadcasting peers? Is there any guidance on the timing and size of dividend payments given the lower earnings? What is the outlook for advertising revenue in the radio market, and how is Saga positioned in that context? What are the underlying drivers behind the 6.4% decrease in station operating income? What cost‑saving measures is management implementing to improve operating efficiency? Will the reduced capital expenditures ($1.3M vs $1.5M last year) affect future growth initiatives or acquisitions? How might this earnings release affect SGA’s stock price volatility in the near term? What impact will the lower EPS ($0.18) have on analyst EPS estimates and target prices?