Q4 Net Operating Revenue at $26.50M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 12 2026
0mins
Should l Buy SGA?
Reports Q4 net operating revenue $26.50M vs $29.215M last year
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Analyst Views on SGA
Wall Street analysts forecast SGA stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 11.735
Low
18.00
Averages
18.00
High
18.00
Current: 11.735
Low
18.00
Averages
18.00
High
18.00
No data
About SGA
Saga Communications, Inc. is a media company engaged in acquiring, developing, and operating broadcast properties with a focus on opportunities complimentary to its core radio business, including digital, e-commerce and non-traditional revenue initiatives. The Company owns or operates broadcast properties in about 28 markets, including 82 frequency modulation (FM) and 31 amplitude modulation (AM) radio stations, and 79 metro signals. The radio stations that it owns and/or operates employ a variety of programming formats, including Classic Hits, Country, Classic Country, Hot/Soft/Urban Adult Contemporary, Oldies, Classic Rock, Rock, and News/Talk. It operates in markets, including Asheville, Bellingham, Brattleboro, Bucyrus, Champaign, Charleston, Charlottesville, Clarksville, Columbus, Des Moines, Harrisonburg, Hilton Head Island, Jonesboro, Manchester, and Milwaukee, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Saga Communications Q4 2025 Earnings Call Insights
- Revenue Decline: Saga Communications reported net revenue of $26.5 million for Q4 2025, a decrease of $2.7 million or 9.3% year-over-year, primarily due to reduced political revenue, indicating ongoing pressure from declining traditional broadcast income.
- Impairment Charge Impact: The company recorded a noncash impairment charge of $20.4 million, leading to an operating loss of $9.5 million for the quarter; without this charge, operating income would have been $10.9 million, reflecting financial challenges amid digital transformation efforts.
- Digital Strategy Growth: Saga's e-commerce platform grew 16% year-over-year, generating $2.5 million in local direct revenue, while hyperlocal online news sites saw an 18% revenue increase, showcasing the company's positive progress in digital transformation.
- Future Outlook: Management anticipates a return to revenue growth in the second half of 2026, despite expected mid-single-digit declines in the first and second quarters, highlighting a strategic focus on digital infrastructure investment and sales management.
See More
Saga Communications Reports Q4 Earnings with Loss
- Disappointing Earnings: Saga Communications reported a Q4 GAAP EPS of -$1.07, indicating challenges in profitability that could undermine investor confidence moving forward.
- Revenue Decline: The company generated $26.51 million in revenue, a 9.3% year-over-year decrease, reflecting weak market demand that may limit future business growth prospects.
- Share Repurchase Program: Saga Communications repurchased 2.8% of its outstanding shares, aiming to enhance EPS by reducing share count, which could bolster shareholder trust despite the current financial struggles.
- Dividend Yield Amid Market Volatility: Amid market fluctuations, Saga Communications' communication service stocks exhibit high dividend yields, potentially attracting income-seeking investors, even as the overall financial outlook remains bleak.
See More
Saga Communications to Release 2025 Year-End Earnings on March 12
- Earnings Release Schedule: Saga Communications will announce its 2025 fourth quarter and year-end earnings on March 12, 2026, at 9:00 a.m. EDT, expected to provide critical financial data for performance assessment.
- Conference Call Details: A conference call will be held on the same day at 11:00 a.m., allowing participants to submit questions, aimed at enhancing interaction and transparency between investors and the company.
- Non-GAAP Financial Metrics: The earnings release will include non-GAAP financial measures such as station operating income and trailing 12-month consolidated EBITDA, helping investors gain a comprehensive understanding of the company's financial health.
- Market Coverage: Saga operates or owns 82 FM and 31 AM radio stations across 28 markets, demonstrating its extensive influence and market penetration in the broadcasting industry.
See More
Saga Communications Declares Quarterly Cash Dividend
- Quarterly Cash Dividend: Saga Communications has declared a cash dividend of $0.25 per share, payable on March 20, 2026, to shareholders of record by February 26, 2026, with an aggregate payment amounting to approximately $1.6 million, demonstrating the company's ongoing commitment to shareholder returns.
- Total Historical Dividends: Since the first special dividend was paid in 2012, Saga has distributed over $143 million in dividends to shareholders, reflecting the company's stability in capital allocation and its emphasis on shareholder value.
- Future Dividend Plans: The company intends to continue declaring regular quarterly cash dividends and may also implement stock buybacks and special dividends, indicating its flexibility in capital allocation and confidence in future financial performance.
- Business Context: As a media company, Saga provides radio, digital, e-commerce, and local online news services across 28 markets, aiming to meet the growing advertising needs of national, regional, and local advertisers, highlighting its significant position in the advertising market.
See More
Signature Aviation Expands with New Private Aviation Terminal in Costa Rica
- Global Expansion: Signature Aviation plans to construct a new General & Business Aviation Terminal at Guanacaste Airport in Costa Rica, marking a significant growth step in Latin America and expected to enhance ground handling experiences for private aviation travelers.
- Facility Upgrade: The new terminal will feature premium amenities including a VIP lounge, conference room, and dedicated customs clearance, aimed at attracting high-net-worth clients and boosting the airport's international competitiveness.
- Job Creation: The project is expected to create substantial local employment opportunities during both the construction and operational phases, further driving economic development and tourism in Costa Rica.
- Sustainable Development: The new facility will incorporate sustainable design elements, reflecting Costa Rica's environmental mindfulness while enhancing the region's image as a high-end sustainable travel destination.
See More
Saga Communications Repurchases 184,215 Shares for $2.1 Million
- Stock Buyback Completed: Saga Communications repurchased 184,215 shares of common stock for approximately $2.1 million at $11.50 per share through a privately negotiated transaction, demonstrating the company's confidence in its long-term strategy and financial strength.
- Significant Share Proportion: The repurchased shares represent about 2.8% of the company's currently outstanding common stock, based on 6,556,621 shares outstanding as of December 11, 2025, indicating the company's flexibility in managing its capital structure and commitment to shareholder value.
- Capital Allocation Strategy: CFO Samuel Bush noted that this buyback reflects the company's ongoing commitment to shareholders and emphasizes the importance of disciplined capital allocation to generate meaningful returns for all stakeholders.
- Market Service Expansion: Operating in 28 markets, Saga Communications provides radio, digital, e-commerce, and local online news services to meet the growing advertising needs, further solidifying its position in the media industry.
See More
Saga Communications Q4 2025 Earnings Call Insights
- Revenue Decline: Saga Communications reported net revenue of $26.5 million for Q4 2025, a decrease of $2.7 million or 9.3% year-over-year, primarily due to reduced political revenue, indicating ongoing pressure from declining traditional broadcast income.
- Impairment Charge Impact: The company recorded a noncash impairment charge of $20.4 million, leading to an operating loss of $9.5 million for the quarter; without this charge, operating income would have been $10.9 million, reflecting financial challenges amid digital transformation efforts.
- Digital Strategy Growth: Saga's e-commerce platform grew 16% year-over-year, generating $2.5 million in local direct revenue, while hyperlocal online news sites saw an 18% revenue increase, showcasing the company's positive progress in digital transformation.
- Future Outlook: Management anticipates a return to revenue growth in the second half of 2026, despite expected mid-single-digit declines in the first and second quarters, highlighting a strategic focus on digital infrastructure investment and sales management.
See More
Saga Communications Reports Q4 Earnings with Loss
- Disappointing Earnings: Saga Communications reported a Q4 GAAP EPS of -$1.07, indicating challenges in profitability that could undermine investor confidence moving forward.
- Revenue Decline: The company generated $26.51 million in revenue, a 9.3% year-over-year decrease, reflecting weak market demand that may limit future business growth prospects.
- Share Repurchase Program: Saga Communications repurchased 2.8% of its outstanding shares, aiming to enhance EPS by reducing share count, which could bolster shareholder trust despite the current financial struggles.
- Dividend Yield Amid Market Volatility: Amid market fluctuations, Saga Communications' communication service stocks exhibit high dividend yields, potentially attracting income-seeking investors, even as the overall financial outlook remains bleak.
See More
Saga Communications to Release 2025 Year-End Earnings on March 12
- Earnings Release Schedule: Saga Communications will announce its 2025 fourth quarter and year-end earnings on March 12, 2026, at 9:00 a.m. EDT, expected to provide critical financial data for performance assessment.
- Conference Call Details: A conference call will be held on the same day at 11:00 a.m., allowing participants to submit questions, aimed at enhancing interaction and transparency between investors and the company.
- Non-GAAP Financial Metrics: The earnings release will include non-GAAP financial measures such as station operating income and trailing 12-month consolidated EBITDA, helping investors gain a comprehensive understanding of the company's financial health.
- Market Coverage: Saga operates or owns 82 FM and 31 AM radio stations across 28 markets, demonstrating its extensive influence and market penetration in the broadcasting industry.
See More
Saga Communications Declares Quarterly Cash Dividend
- Quarterly Cash Dividend: Saga Communications has declared a cash dividend of $0.25 per share, payable on March 20, 2026, to shareholders of record by February 26, 2026, with an aggregate payment amounting to approximately $1.6 million, demonstrating the company's ongoing commitment to shareholder returns.
- Total Historical Dividends: Since the first special dividend was paid in 2012, Saga has distributed over $143 million in dividends to shareholders, reflecting the company's stability in capital allocation and its emphasis on shareholder value.
- Future Dividend Plans: The company intends to continue declaring regular quarterly cash dividends and may also implement stock buybacks and special dividends, indicating its flexibility in capital allocation and confidence in future financial performance.
- Business Context: As a media company, Saga provides radio, digital, e-commerce, and local online news services across 28 markets, aiming to meet the growing advertising needs of national, regional, and local advertisers, highlighting its significant position in the advertising market.
See More
Signature Aviation Expands with New Private Aviation Terminal in Costa Rica
- Global Expansion: Signature Aviation plans to construct a new General & Business Aviation Terminal at Guanacaste Airport in Costa Rica, marking a significant growth step in Latin America and expected to enhance ground handling experiences for private aviation travelers.
- Facility Upgrade: The new terminal will feature premium amenities including a VIP lounge, conference room, and dedicated customs clearance, aimed at attracting high-net-worth clients and boosting the airport's international competitiveness.
- Job Creation: The project is expected to create substantial local employment opportunities during both the construction and operational phases, further driving economic development and tourism in Costa Rica.
- Sustainable Development: The new facility will incorporate sustainable design elements, reflecting Costa Rica's environmental mindfulness while enhancing the region's image as a high-end sustainable travel destination.
See More
Saga Communications Repurchases 184,215 Shares for $2.1 Million
- Stock Buyback Completed: Saga Communications repurchased 184,215 shares of common stock for approximately $2.1 million at $11.50 per share through a privately negotiated transaction, demonstrating the company's confidence in its long-term strategy and financial strength.
- Significant Share Proportion: The repurchased shares represent about 2.8% of the company's currently outstanding common stock, based on 6,556,621 shares outstanding as of December 11, 2025, indicating the company's flexibility in managing its capital structure and commitment to shareholder value.
- Capital Allocation Strategy: CFO Samuel Bush noted that this buyback reflects the company's ongoing commitment to shareholders and emphasizes the importance of disciplined capital allocation to generate meaningful returns for all stakeholders.
- Market Service Expansion: Operating in 28 markets, Saga Communications provides radio, digital, e-commerce, and local online news services to meet the growing advertising needs, further solidifying its position in the media industry.
See More
