Saga Communications (SGA) Reports Q2 EPS of $0.38 on Revenues of $28.75M
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Saga Communications, Inc. Reports 4th Quarter and Year End 2020 Results
March 12, 2021 9:00 AM ESTGROSSE POINTE FARMS, Mich., March 12, 2021 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq - SGA) reported today that fourth quarter and year end 2020 revenue and the related net income continue to be impacted by the COVID-19 pandemic. Net Revenue was $28.8 million for the fourth quarter ended December 31, 2020 which was a 19.1% increase over net revenue for the third quarter ended September 30, 2020. Net Revenue for the fourth quarter in 2019 was $31.8 million. Station operating expense decreased $1.9 million to $21.1 million for the quarter compared to the same period last year. Station operating income was $9.1 million for the quarter compared to $10.5 million for... More
