Saga Communications, Inc. (NASDAQ:SGA) Q1 2024 Earnings Conference Call May 9, 2024 11:00 AM ET Company Participants Chris Forgy – President and Chief Executive Officer Sam Bush – Chief Financial Officer Conference Call Participants Operator Good morning, everyone, and welcome to the Saga Communications First Quarter 2024 Earnings Release and Conference Call. At this time all participants have been placed on a listen-only mode. It is now my pleasure to turn the floor over to your host, Chris Forgy. Sir, the ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-11588 Saga Communications, Inc. (Exact name of registrant as specified in its charter) Florida 38-3042953 (State ...

FQ1 2024 Earnings Call Transcripts Thursday, May 9, 2024 3:00 PM GMT S&P Global Market Intelligence Estimates 1 Table of Contents SAGA COMMUNICATIONS, INC. FQ1 2024 EARNINGS CALL MAY 09, 2024 SAGA COMMUNICATIONS, INC. FQ1 2024 EARNINGS CALL MAY 09, 2024 Christopher S. Forgy CEO, President & Director Forget the 7%, yet customers we deal with every single day, the ones that have "great relationships" with us. Spend over 60% of their money or they're ad budget with digital products and providers. And I'm not t ...

Financial Performance - Net revenue decreased by 2.5% to $24.7 million for Q1 2024 compared to $25.3 million in Q1 2023[1] - Operating loss for the quarter was $2.4 million, a decline from operating income of $905 thousand in the same period last year[1] - Net loss for the quarter was $1.6 million compared to net income of $920 thousand in Q1 2023[1] - Diluted loss per share was $0.25 in Q1 2024, down from earnings of $0.15 per share in Q1 2023[1] Expenses and Capital Expenditures - Station operating expenses increased by 5.9% to $23.0 million for the quarter[1] - Capital expenditures were $1.1 million for the quarter, down from $1.4 million in the same period last year[1] - The company expects to spend approximately $5.0 – $5.5 million on capital expenditures during 2024[3] Dividends and Shareholder Returns - The company paid a quarterly dividend of $0.25 per share, totaling approximately $1.6 million[2] - Total dividends paid to shareholders since 2012 exceeded $130 million, with plans for future regular and special dividends[2] Cash and Investments - As of March 31, 2024, the company had $28.8 million in cash and short-term investments[3]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_________________________ to_______________________________ Commission file number 1-11588 SAGA COMMUNICATIONS, INC. (Exact name of registrant as ...

Saga Communications, Inc. (NASDAQ:SGA) Q4 2023 Earnings Conference Call March 7, 2024 11:00 AM ET Company Participants Christopher Forgy - President and Chief Executive Officer Samuel Bush - Senior Vice President and Chief Financial Officer Conference Call Participants Operator Good morning, everyone, and welcome to the Fourth Quarter and Year-End Earnings Release Conference Call. At this time, all participants have been placed on a listen-only mode. It is now my pleasure to turn the floor over to your host ...

The Company requests that all parties that have a question that they would like to submit to the Company please email the inquiry by 10:00 a.m. on March 7, 2024 to SagaIR@sagacom.com. The Company will discuss, during the limited period of the conference call, those inquiries it deems of general relevance and interest. Only inquiries made in compliance with the foregoing directions will be discussed during the call. Exhibit 99.1 Contact: Samuel D. Bush (313) 886-7070 Grosse Pointe Farms, MI – March 7, 2024 – ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-11588 Saga Communications, Inc. (State or other jurisdiction of incorporation or organization) 73 Kercheval ...

Saga Communications, Inc. (NASDAQ:SGA) Q3 2023 Earnings Conference Call November 2, 2023 11:00 AM ET Company Participants Chris Forgy - CEO Sam Bush - CFO Operator Good day, and welcome to the Saga Communications Inc. Third Quarter Earnings Release and Conference Call. [Operator Instructions] It is now my pleasure to turn the floor over to your host, Chris Forgy, President and CEO. Sir, the floor is yours. Chris Forgy Thank you, Paul, and thanks to all of you who have taken the time to join Saga's Q3 earnin ...

Saga Communications, Inc. (NASDAQ:SGA) Q2 2023 Results Conference Call August 8, 2023 11:00 AM ET Company Participants Chris Forgy - CEO Sam Bush - CFO Operator Good morning, everybody, and welcome to the Saga Communications Inc. Second Quarter Earnings Release and Conference Call. [Operator Instructions] And it is now my pleasure to turn the floor over to your host, Mr. Chris Forgy of Saga Communications. Chris, the floor is yours. Chris Forgy Thank you, Jenny. And thanks to all of you on the call for your ...