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Saga Revenues Rise
November 1, 2005 at 2:46 PM (PT)
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SAGA COMMUNICATIONS third quarter 2005 net operating revenue rose 5% year-to-year to $36 million (same station even at $34.1 million), with operating income off 5% to $7.9 million (off 8% on a same-station basis) and net income off from $4.3 to $3.4 million (20 to 17 cents/share), blamed on increased interest expense.