Saga Communications (SGA) Reports Q3 EPS of $0.58

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Saga Communications, Inc. Reports 3rd Quarter 2021 Results

November 4, 2021 9:00 AM EDT

GROSSE POINTE FARMS, Mich., Nov. 4, 2021 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq - SGA) reported today that net revenue was $28.8 million for the quarter ended September 30, 2021 compared to $24.1 million for the same period last year.  Station operating expense increased $2.1 million to $21.7 million for the quarter compared to the same period last year.  Station operating income was $8.5 million for the quarter compared to $6.1 million for the third quarter last year.  Free cash flow was $4.0 million for the quarter compared to $2.8 million for the same period last year.  Operating income was $4.6 million for the quarter compared to $247 thousand... More