Saga Communications (SGA) Reports Q4 EPS of $0.76
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Saga Communications, Inc. Reports 4th Quarter and Year End 2014 Results
March 10, 2015 9:00 AM EDTGROSSE POINTE FARMS, Mich., March 10, 2015 /PRNewswire/ -- Saga Communications, Inc. (NYSE MKT: SGA) today reported net operating revenue increased 7.7% to $36.4 million for the quarter ended December 31, 2014 compared to $33.8 million for the same period last year. Station operating expense was $25.6 million (station operating expense includes depreciation and amortization attributable to the stations) compared to $23.8 million for the same period last year. The $1.8 million increase was primarily due to the expense attributable to agreements entered into by the Company in the fourth quarter of 2014 to license historic data from Nielson... More
