Saga Communications reports its operating results for the third quarter of 2026 and says net revenue was $26.7 million, a decline of 5.4% from the same period in 2025. Station operating expense decreased 1.7% for the quarter to $24.2 million compared to the 
same period last year. The company notes, “For the quarter, we had an operating loss of $9.8 million compared to an operating loss of $626 thousand for the same quarter last year and station operating income (a non-GAAP financial measure) was $2.4 million compared to $3.5 million for the same period last year. For the quarter, the company recorded a non-cash impairment charge based on an evaluation of FCC license values of $9.2 million. Without the non-cash impairment charge, the company’s operating loss would have been $563 thousand for the quarter compared to an operating loss of $626 thousand for the same period last year.” Saga reports that it paid a quarterly dividend of $0.25 per share on October 16, 2026. The aggregate amount of the quarterly dividend was approximately $1.6 million.
MONDAY, MARCH 23, 2026
