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Saga Communications, Inc. Reports 1st Quarter 2025 Results
SGASaga munications(SGA) GlobeNewswire·2025-05-08 13:00

GROSSE POINTE FARMS, Mich., May 08, 2025 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company”, “Saga”, “we” or “our”) today reported that net revenue decreased 4.3% to 24.2millionforthequarterendedMarch31,2025comparedto24.2 million for the quarter ended March 31, 2025 compared to 25.3 million for the same period last year. Station operating expense decreased 2.2% for the quarter to 22.0millioncomparedtothesameperiodlastyear.Forthequarter,ouroperatinglosswas22.0 million compared to the same period last year. For the quarter, our operating loss was 2.3 million compared to an operating loss of $2.4 million f ...