Saga Q1 Revenue Up, Income Off
May 9, 2007 at 11:22 AM (PT)
SAGA COMMUNICATIONS first quarter net operating revenue increased 2.2% to $31.9 million, with net income decreasing 52% to $740,000 (4 cents/diluted share). Same station net operating revenue increased 2% to $31.8 million.
The company's radio segment net operating revenue rose slightly, from $27.280 million to $27.893 million.