Welcome to our dedicated page for Saga Coms news (Ticker: SGA), a resource for investors and traders seeking the latest updates and insights on Saga Coms stock.
Saga Communications Inc. (SGA) provides investors and media professionals with comprehensive updates on its broadcast operations across radio, television, and digital platforms. This centralized resource aggregates official press releases, regulatory filings, and strategic developments from the company serving mid-sized markets.
Key updates include quarterly earnings reports, station acquisitions, leadership changes, and programming innovations. Users can track SGA's unique combination of traditional broadcasting expertise with emerging digital initiatives through verified news sources.
The curated collection features critical business developments including advertising revenue trends, market expansions, and technological adaptations in the evolving media landscape. Content is organized chronologically for efficient tracking of the company's progress in local markets and corporate strategy execution.
Bookmark this page for direct access to SGA's official financial disclosures, partnership announcements, and operational updates. Check regularly for new information about the company's radio/TV station portfolio management and digital media integration efforts.
Saga Communications (Nasdaq: SGA) reported results for the third quarter ended September 30, 2025: net revenue $28.2M (down 1.8% YoY) and a quarterly operating loss $0.6M versus operating income $1.6M a year earlier. Station operating income fell to $3.5M (−$2.5M). Results include a retroactive music licensing settlement of ~$2.1M covering Jan 1, 2022–Sep 30, 2025 that materially increased station operating expense. Nine‑month net revenue was $80.6M (−3.7%) and station operating income was $11.7M (−23%).
Corporate highlights: paid $0.25 dividend on Sept 19, 2025 (~$1.6M); entered agreement to sell 22 telecom tower sites for
Saga Communications (Nasdaq: SGA) closed the sale of 22 tower sites to GTC Uno, LLC for approximately $10.7 million. The transaction closed on October 17, 2025 and was effective October 1, 2025. Saga will continue to use the towers under terms that require no cash lease payment.
The company said it intends to use a portion of the proceeds to fund potential stock buybacks, including open market repurchases or block trades, but any buyback program remains at the full discretion of the Board. Saga operates in 28 markets and offers radio, digital, e-commerce and local online news services. For more details, refer to the Company’s Form 8-K filed October 20, 2025.
Saga Communications (Nasdaq: SGA) will release its 3rd Quarter 2025 results at 9:00 a.m. EST on Thursday, November 6, 2025 and will host a conference call the same day at 11:00 a.m. EST. Dial-in: (973) 528-0008 with conference entry code 442000. Investors with questions should email inquiries by 10:00 a.m. EST on November 6, 2025 to SagaIR@sagacom.com; the company will discuss those inquiries it deems generally relevant during the call.
The earnings release will include non-GAAP measures such as station operating income, trailing 12-month consolidated EBITDA, and same station financial information, with reconciliations to GAAP provided. Saga operates broadcast properties in 28 markets owning or operating 82 FM, 31 AM stations and 79 metro signals. For more information contact Samuel D. Bush at (313) 886-7070 or visit www.sagacom.com.
Saga Communications (Nasdaq: SGA) will present at the Noble Capital Markets Emerging Growth Virtual Equity Conference on October 8, 2025 at 4:00 PM EDT.
Presenters: Christopher S. Forgy, President & CEO, and Samuel D. Bush, EVP & CFO, in a fireside Q&A with Michael Kupinski of Noble Capital Markets. Live attendance requires registration; a video webcast will be posted after the event on sagacom.com and on Noble’s Channelchek investor portal.
Saga operates broadcast properties in 28 markets (82 FM, 31 AM, 79 metro signals) and describes its business as acquiring, developing, and operating broadcast and complementary digital businesses.
Saga Communications (Nasdaq: SGA) has expanded its Board of Directors to eight members with the appointment of Gregg Sutherland, a former Senior Partner at Ernst & Young. Sutherland, who previously served as Strategy Consulting Practice Leader for Global and Americas at Ernst & Young, brings significant boardroom and financial expertise to Saga.
This appointment continues Saga's board refreshment initiative, following the addition of Michael Scafidi earlier in 2025. The company plans to return to seven board members at the 2026 Annual Shareholder Meeting. Saga currently operates 82 FM and 31 AM radio stations across 28 markets, with a focus on broadcast properties and complementary digital initiatives.
Saga Communications (Nasdaq: SGA) has declared a quarterly cash dividend of $0.25 per share, payable on September 19, 2025, to shareholders of record on August 26, 2025. The total dividend payment will amount to approximately $1.6 million, funded from the company's balance sheet.
Since initiating dividend payments in 2012, Saga has distributed over $140 million in dividends to shareholders. The company has also announced plans to implement stock buybacks in fiscal year 2025, potentially funded by proceeds from non-core asset sales. Saga currently operates 82 FM and 31 AM radio stations across 28 markets, along with 79 metro signals.
Saga Communications (Nasdaq: SGA) reported declining financial results for Q2 2025. Net revenue decreased 5.0% to $28.2 million compared to $29.7 million in Q2 2024. The company's operating income declined to $1.4 million from $2.1 million year-over-year.
Key financial metrics include a net income of $1.1 million ($0.18 per diluted share), down from $2.5 million in Q2 2024. The company maintained its quarterly dividend of $0.25 per share, with aggregate payments of approximately $1.6 million. Saga's balance sheet showed $24.9 million in cash and short-term investments as of June 30, 2025.
The company announced plans to sell tower sites with expected proceeds in the high 7 to low 8 figure range, intending to use portions of the proceeds for stock buybacks. Capital expenditures for 2025 are projected at $3.0-$3.5 million.
Saga Communications (Nasdaq: SGA) has scheduled its 2nd Quarter 2025 earnings release and conference call. The company will release results on Thursday, August 7, 2025, at 9:00 a.m. EDT, followed by a conference call at 11:00 a.m. EDT.
Stakeholders interested in submitting questions must email them to SagaIR@sagacom.com by 10:00 a.m. EDT on the same day. The earnings release will include non-GAAP metrics such as station operating income, trailing 12-month consolidated EBITDA, and same station data, with GAAP reconciliations provided.
Saga Communications operates 82 FM and 32 AM radio stations across 28 markets, including 79 metro signals, focusing on broadcast properties and digital initiatives.
Saga Communications (SGA) reported declining financial results for Q1 2025. Net revenue decreased 4.3% to $24.2 million compared to $25.3 million in Q1 2024. The company reported an operating loss of $2.3 million and a net loss of $1.6 million ($0.25 per diluted share). Station operating expense decreased 2.2% to $22.0 million.
Q2 2025 revenue pacing shows improvement, with April down high single digits, May down low single digits, and June approximately flat. The company maintains a strong balance sheet with $27.0 million in cash and short-term investments. Saga paid a quarterly dividend of $0.25 per share, totaling $1.6 million, and announced plans for potential stock buybacks using proceeds from non-core asset sales.
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