Saga Communications (SGA) Reports Q2 EPS of $0.54
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Saga Communications, Inc. Reports 2nd Quarter 2021 Results Net Revenue Increases 66.3% for the Quarter
August 5, 2021 9:00 AM EDTGROSSE POINTE FARMS, Mich., Aug. 5, 2021 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq - SGA) reported today that net revenue was $28.0 million for the quarter ended June 30, 2021 compared to $16.9 million for the same period last year. Station operating expense increased $2.4 million to $21.0 million for the quarter compared to the same period last year. Station operating income was $8.4 million for the quarter compared to a loss of $181 thousand for the second quarter last year.  Free cash flow was $4.2 million for the quarter compared to a negative $1.8 million for the same period last year.  Operating income was $4.6 million for... More
