SGA Saga Communications, Inc.

BEARISH Impact: 6/10 PRESS-RELEASE
Horizon days Filed May 7, 2026 Processed 1mo ago Wire GlobeNewswire
Press release: earnings
Latest settled — T+20d ⚠ clustered
SGA ▼ -14.94% at T+20d
SHORT call ✓ call won +14.94% · α vs SPY +18.07% · entry $10.98 → $9.34
Next anchor: T+60d in 7w
Currently $9.17 · +16.48% from $10.98 entry (call sign-flipped)
Entry anchored
May 5, 11:23 AM ET
via Databento tick
T+1d
-1.09%
call +1.09% · α +1.92%
$10.86
settled 5w ago
T+5d
-8.74%
call +8.74% · α +10.25%
$10.02
settled 4w ago
T+20d
-14.94%
call +14.94% · α +18.07%
$9.34
settled 8d ago
T+60d
call — · α —
in 7w

Price Chart

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Executive Summary

Saga Communications reported Q1 2026 net revenue of $22.9M, down 5.6% YoY, and a net loss of $2.4M ($0.38 per share) compared to a loss of $1.6M ($0.25) a year ago. The revenue decline and widening loss signal continued operational weakness in radio broadcasting, with no guidance provided to offset the negative trend.

Key Financial Metrics

Free Cash Flow
-$372.0K

Actionable Insight

Monitor for further revenue erosion and cost control measures; the dividend provides downside support but fundamental weakness persists. Next catalyst could be Q2 results or any strategic restructuring.

Key Facts

  • Net revenue decreased 5.6% to $22.9M from $24.2M YoY
  • Operating loss widened to $3.3M from $2.3M YoY
  • Net loss per share was $0.38 vs $0.25 loss in Q1 2025
  • Station operating income (non-GAAP) fell 62% to $0.9M
  • Company maintains $0.25 quarterly dividend; paid over $145M in dividends since 2012
  • Cash and short-term investments at $30.4M as of March 31, 2026

Financial Impact

Revenue decline of 5.6% and net loss increase of 52% YoY

revenuenet lossoperating lossstation operating income

Risk Factors

  • Continued decline in radio advertising revenue
  • Inability to offset revenue declines with cost cuts
  • Potential asset impairment if trends persist

Market Snapshot

Exchange
Nasdaq
Sector
Radio Broadcasting Stations
Analyst Consensus
80% bullish (5 analysts)

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3290073
8 reports for SGA
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for SGA — sortable, filterable
Type Now
May 7, 2026
5w ago
8-K
NEUTRAL ★ 2/10
$10.98 $9.34▼ −14.94%▼ −18.07%$9.17 (−16.48%)
May 7, 2026
5w ago
Press Release
NEUTRAL ★ 2/10
$10.98 $9.34▼ −14.94%▼ −18.07%$9.17 (−16.48%)
May 7, 2026
5w ago
Press Release
BEARISH ★ 6/10
$10.98 $9.34▲ +14.94%▲ +18.07%$9.17 (+16.48%)
Apr 20, 2026
7w ago
DEFA14A
NEUTRAL ★ 3/10
$11.52 $10.05▼ −12.76%▼ −17.68%$9.17 (−20.40%)
Apr 15, 2026
8w ago
8-K
NEUTRAL ★ 3/10
$11.93 $10.02▼ −16.01%▼ −21.83%$9.17 (−23.13%)
Apr 15, 2026
8w ago
Press Release
NEUTRAL ★ 3/10
$11.80 $10.13▼ −14.15%▼ −20.20%$9.17 (−22.29%)
Mar 12, 2026
13w ago
Press Release
BEARISH ★ 7/10
$11.09 $11.78▼ −6.22%▼ −4.25%$9.17 (+17.31%)
Mar 3, 2026
14w ago
Press Release
NEUTRAL ★ 3/10
$11.56 $11.70▲ +1.21%▲ +5.61%$9.17 (−20.67%)
Showing 8 of 8

US Market Status

Market Closed — Opens Mon (49h 41m)

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