Saga Communications Q1 net loss widens

Saga Communications

07/05/2026 14:08

Overview

U.S. radio and digital media firm's Q1 revenue fell 5.6% yr/yr

Company posted Q1 net loss of $2.4 mln, with diluted loss per share of $0.38

Station operating income dropped 62% from prior year

Outlook

Saga expects to spend about $3.5 mln on capital expenditures in 2026

Company intends to pay regular quarterly cash dividends in the future

Result Drivers

OPERATING EXPENSES - Station operating expense was nearly flat, down 0.2% yr/yr, not offsetting revenue decline

Company press release: ID:nGNX6FZQJZ

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
-$0.38
Q1 Net Income
-$2.40 mln
Q1 Operating Income
-$3.30 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the broadcasting peer group is "buy"

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)