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Saga Communications reports Q1 2026 revenue down 5.6%, net loss widens to $2.4M, but maintains $0.25 dividend.

Company Fundamentals
07 May 2026
GlobeNewsWire
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Bearish
pluang ai news

Saga Communications, Inc. reported a 5.6% decline in net revenue to $22.9 million for Q1 2026, with an operating loss increasing to $3.3 million and a net loss of $2.4 million, compared to $1.6 million last year. Despite the losses, the company declared a quarterly dividend of $0.25 per share, continuing its dividend payments since 2012. Saga's cash and short-term investments stood at $30.4 million as of March 31, 2026, supporting its financial position. The company plans to spend approximately $3.5 million on capital expenditures in 2026 and will hold a conference call to discuss results and outlook.

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