Saga Communications, Inc. Announces Date and Time of 1st Quarter 2023 Earnings Release and Conference Call
Rhea-AI Summary
Saga Communications, Inc. (Nasdaq: SGA) will release its 1st Quarter 2023 results on May 3, 2023, at 9:00 a.m. EDT, followed by a conference call at 11:00 a.m. EDT. Participants are encouraged to submit questions via email by 10:00 a.m. EDT on the same day. The earnings report will include non-GAAP financial measures such as station operating income and free cash flow, with reconciliations to GAAP measures provided. Saga operates in 27 markets with a portfolio including 79 FM and 33 AM radio stations.
Positive
- Announcement of 1st Quarter 2023 earnings release on May 3, 2023.
- Inclusion of non-GAAP financial measures which may indicate improved financial transparency.
Negative
- No specific financial metrics or guidance provided in the PR.
News Market Reaction – SGA
In the trading session that priced this news, SGA declined 0.40%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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GROSSE POINTE FARMS, Mich., April 04, 2023 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 1st Quarter 2023 results at 9:00 a.m. EDT on Wednesday, May 3, 2023. The company will be holding a conference call on the same date at 11:00 a.m. EDT. The dial-in numbers are as follows:
Domestic and International Dial-in Number: (973) 528-0008
Conference Entry Code: 465239
The Company requests that all parties that have a question that they would like to submit to the Company to please email the inquiry by 10:00 a.m. EDT on May 3, 2023, to SagaIR@sagacom.com. The Company will discuss, during the limited period of the conference call, those inquiries it deems of general relevance and interest. Only inquiries made in compliance with the foregoing will be discussed during the call.
Saga’s earnings release will contain certain non-GAAP financial measures including station operating income and free cash flow. A reconciliation of all non-GAAP financial measures to the most directly comparable GAAP measures will be provided in the earnings release.
Saga Communications, Inc. is a broadcasting company whose business is devoted to acquiring, developing, and operating broadcast properties. The company owns or operates broadcast properties in 27 markets, including 79 FM, 33 AM radio stations and 80 metro signals. For additional information, contact us at (313) 886-7070 or visit our website at www.sagacom.com.
Contact:
Samuel D. Bush
(313) 886-7070
