Saga Communications (SGA) Reports Q3 EPS of $0.13
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Saga Communications, Inc. Reports 1st Quarter 2021 Results
May 6, 2021 9:00 AM EDTGROSSE POINTE FARMS, Mich., May 6, 2021 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq - SGA) reported today that first quarter 2021 revenue and the related net income continue to be impacted by the ongoing uncertainties in the marketplace. Net revenue was $22.3 million for the quarter ended March 31, 2021 compared to $26.1 million for the same period last year. Station operating expense decreased $3.3 million to $18.9 million for the quarter compared to the same period last year. Station operating income was $4.7 million for the quarter compared to $5.5 million for the first quarter last year. Free cash flow increased 21.4% to $1.8 million for the quarter. Operating... More
