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SAGA COMMUNICATIONS INC Q1 FY26 Results

SGAQ1 FY26 Results
Filing
MetricValue ($ M)Q1 FY25
Revenue22.875.5%
Total Income22.875.5%
Expenditure26.131.4%
PBT-3.0641.7%
Net Profit-2.3951.3%
OPM-14.27%4.77pp
NPM-10.47%3.96pp
EPS-0.3852.0%
View full financials

Saga Communications Reports Q1 2026 Results: Revenue Down 5.6%

07 May 2026 · 7 May, 6:41 pm

Summary

Saga Communications, Inc. reported a decrease in net revenue by 5.6% to $22.9 million for the quarter ended March 31, 2026, compared to $24.2 million for the same period last year. The company experienced an operating loss of $3.3 million, a decrease in station operating income by 62.0% to $0.9 million, and a net loss of $2.4 million. Capital expenditures increased slightly to $0.8 million. The company paid a quarterly dividend of $0.25 per share on March 20, 2026, and declared another quarterly dividend of $0.25 per share payable on June 12, 2026.

Key Highlights

  1. 1

    Net revenue decreased by 5.6% to $22.9 million for the quarter ended March 31, 2026, compared to $24.2 million for the same period last year.

  2. 2

    Station operating expense decreased 0.2% for the quarter to $22.0 million compared to the same period last year.

  3. 3

    The company reported an operating loss of $3.3 million compared to $2.3 million for the same quarter last year.

  4. 4

    Station operating income decreased 62.0% to $0.9 million for the quarter.

  5. 5

    Capital expenditures were $0.8 million for the quarter compared to $0.7 million for the same period last year.

  6. 6

    The company had a net loss of $2.4 million for the quarter compared to $1.6 million for the first quarter last year.

  7. 7

    Diluted loss per share was $0.38 in the first quarter of 2026.

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