Saga Communications (SGA) Reports Q4 EPS of $0.63
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Saga Communications (NYSE: SGA) reported Q4 EPS of $0.63, versus $0.76 reported last year. Revenue for the quarter came in at $35.6 million, versus $36.4 million reported last year.
Free cash flow increased 2.9% to $21.6 million for the year ended December 31, 2015. Gross revenue without political increased 0.7% for the year. Net revenue (including political) decreased 0.9% to $132.9 million. Station operating expense decreased 1.2% to $97.3 million (station operating expense includes depreciation and amortization attributable to the stations). Operating income decreased $1.9 million. Net income for the year was $13.4 million ($2.29 per fully diluted share).
For earnings history and earnings-related data on Saga Communications (SGA) click here.
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