Saga Communications (SGA) Reports Q4 EPS of $0.64
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Saga Communications, Inc. Reports 4th Quarter and Year End 2019 Results
March 12, 2020 9:00 AM EDTGROSSE POINTE FARMS, Mich., March 12, 2020 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq: SGA) today reported net revenue of $31.8 million for the quarter compared to $32.9 million for the same quarter last year. Gross revenue was approximately flat with last year for the quarter at $33.7 million net of political revenue of $535 thousand this quarter and $1.6 million for the same period last year. Station operating expense decreased $711 thousand to $23.1 million and operating income decreased $575 thousand to $5.4 million. Net Income decreased $454 thousand to $3.8 million for the quarter. Diluted earnings per share were $0.64/share in the fourth... More
