SGA Q2 2024 Earnings — Saga Communications, Inc. Revenue & Financial Results | Market Cap Arena

SGASaga Communications, Inc.

$74M

Q2 2024 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$29M-1.5% YoY

Gross Profit

$5M18.1% margin

Operating Income

$2M7.5% margin

Net Income

$3M8.7% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

+13.6%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

-$6M

Stock-Based Comp.

$520,000

Balance Sheet

Total Assets

$222M

Total Liabilities

$56M

Stockholders' Equity

$166M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$29M	$29M	-1.5%
Gross Profit	$5M	$7M	-23.2%
Operating Income	$2M	$4M	-50.1%
Net Income	$3M	$3M	-25.3%

Revenue Segments

Broadcast Advertising Revenue, Net

$23M81%

Digital Advertising Revenue

$3M11%

Other Revenue

$2M8%