Industry News

Saga Communications’ Q1 Net Revenue Falls 5.6%

Saga Communications reports its operating results for the first quarter of 2026 and states net revenue was $22.9 million, a decrease of 5.6% from the same period in 2025. The company also reports and operating loss of $3.3 million compared to $2.3 million for the same quarter last year. Additionally, station operating income decreased 62% to $900,000. Sagimga is reporting a net loss of $2.4 million for the quarter compared to the net loss of $1.6 million it reported in Q1 of 2025. Saga paid a quarterly dividend of $0.25 per share on March 20, 2026. The aggregate amount of the quarterly dividend was approximately $1.6 million. With payment of this most recent declaration Saga will have paid over $145 million in dividends to shareholders since the first special dividend was paid in 2012.