SGA Q4 2023 Earnings — Saga Communications, Inc. Revenue & Financial Results | Market Cap Arena

SGASaga Communications, Inc.

$74M

Q4 2023 Earnings

Communication Services Broadcasting

Income Statement

Revenue

$29M-3.3% YoY

Gross Profit

$6M20.0% margin

Operating Income

$3M9.6% margin

Net Income

$3M8.6% margin

EPS (Diluted)

$0.41

QoQ Revenue Growth

-0.0%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

$499,000

Stock-Based Comp.

$373,000

Balance Sheet

Total Assets

$232M

Total Liabilities

$62M

Stockholders' Equity

$171M

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$29M	$30M	-3.3%
Gross Profit	$6M	$7M	-19.6%
Operating Income	$3M	$5M	-43.2%
Net Income	$3M	$4M	-41.6%

Revenue Segments

Broadcast Advertising Revenue, Net

$48M83%

Digital Advertising Revenue

$5M9%

Other Revenue

$5M8%