Saga Releases Second-Quarter Financials

Results

SAGA COMMUNICATIONS, INC.'s second-quarter net revenue increased 6.5% year-to-year to $32.2 million (but down 0.6% on a same-station basis), with income from continuing operations (net of tax) up from $3.4 million to $4.2 million (57 to 70 cents/diluted share).  

The results were affected by the sale of the company's TV stations and purchase of radio clusters in CHARLESTON, SC and HILTON HEAD ISLAND, SC on FRIDAY, SEPTEMBER 1st, 2017.

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