SGA Q1 2023 Earnings — Saga Communications, Inc. Revenue & Financial Results | Market Cap Arena

SGASaga Communications, Inc.

$74M

Q1 2023 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$25M+1.3% YoY

Gross Profit

$4M14.2% margin

Operating Income

$905,0003.6% margin

Net Income

$920,0003.6% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

-16.0%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$3M

Stock-Based Comp.

$245,000

Balance Sheet

Total Assets

$229M

Total Liabilities

$50M

Stockholders' Equity

$178M

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25M	$25M	+1.3%
Gross Profit	$4M	$4M	-18.1%
Operating Income	$905,000	$2M	-47.1%
Net Income	$920,000	$1M	-23.6%

Revenue Segments

Broadcast Advertising Revenue, Net

$21M85%

Other Revenue

$2M8%

Digital Advertising Revenue

$2M8%