Saga Communications, Inc. Announces Date and Time of 4th Quarter and Year End 2024 Earnings Release and Conference Call
Rhea-AI Summary
Saga Communications (Nasdaq: SGA) has scheduled its 4th Quarter and Year End 2024 earnings release for March 11, 2025, at 9:00 a.m. EST, followed by a conference call at 11:00 a.m. EST. The company will discuss several key initiatives including:
- Execution of ongoing digital strategy
- Evaluation of non-core asset sales and potential use of proceeds for buybacks, dividends, and corporate purposes
- Plans to refresh the board
- Evaluation of market and corporate level expenses
The media company currently operates 82 FM and 31 AM radio stations across 28 markets, with 79 metro signals. Stakeholders can submit questions via email to SagaIR@sagacom.com by 10:00 a.m. EST on the earnings day. The earnings release will include non-GAAP financial measures such as station operating income, trailing 12-month consolidated EBITDA, and same station financial information.
Positive
- Potential shareholder returns through buybacks and dividends from non-core asset sales
- Strategic focus on expense optimization
- Expansion into digital and non-traditional revenue initiatives
Negative
- Planned divestiture of non-core assets may impact revenue stream
GROSSE POINTE FARMS, Mich., March 03, 2025 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 4th Quarter and Year End 2024 results at 9:00 a.m. EST on Tuesday, March 11, 2025. The company will be holding a conference call on the same date at 11:00 a.m. EST. The dial-in numbers are as follows:
Domestic and International Dial-in Number: (973) 528-0008
Conference Entry Code: 424193
In addition to the Company releasing its 4th Quarter and Year End earnings the Company will discuss:
- The Company’s execution of its ongoing digital strategy.
- The Company’s ongoing efforts to evaluate non-core asset sales and the use of such proceeds for buybacks, dividends and other corporate purposes.
- The Company’s plans to refresh the board.
- The Company’s continuing evaluation of market and corporate level expenses to be in line with the Company’s operating verticals.
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. EST on March 11, 2025, 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, trailing 12-month consolidated EBITDA, and same station financial information. A reconciliation of all non-GAAP financial measures to the most directly comparable GAAP measures will be provided in the earnings release.
Saga is a media company whose business is devoted to acquiring, developing, and operating broadcast properties with a growing focus on opportunities complimentary to our core radio business including digital, e-commerce and non-traditional revenue initiatives. Saga owns or operates broadcast properties in 28 markets, including 82 FM and 31 AM radio stations and 79 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
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