SGA Q3 2023 Earnings — Saga Communications, Inc. Revenue & Financial Results | Market Cap Arena

SGASaga Communications, Inc.

$74M

Q3 2023 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$29M-2.8% YoY

Gross Profit

$6M21.9% margin

Operating Income

$3M12.0% margin

Net Income

$3M9.4% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$7M

Stock-Based Comp.

$250,000

Balance Sheet

Total Assets

$234M

Total Liabilities

$52M

Stockholders' Equity

$182M

Cash & Equivalents

$31M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$29M	$30M	-2.8%
Gross Profit	$6M	$8M	-16.9%
Operating Income	$3M	$1M	+231.0%
Net Income	$3M	-$104,000	+2724.0%

Revenue Segments

Broadcast Advertising Revenue, Net

$24M82%

Digital Advertising Revenue

$3M9%

Other Revenue

$2M8%