Saga Communications INC

Saga Communications, Inc. shareholders re-elected all seven directors and ratified the appointment of Crowe LLP as independent auditors at the June 1, 2026 Annual Meeting.

Saga Communications announced its Board of Directors has declared a quarterly cash dividend of $0.25 per share, payable on June 12, 2026.

Saga Communications, Inc. announced a 5.6% decrease in net revenue for the first quarter of 2026, reporting $22.9 million compared to $24.2 million in the prior year, alongside a net loss of $2.4 million.

Saga Communications, Inc. reported significant net losses for Q4 and full-year 2025, primarily due to a $20.4 million impairment charge on goodwill and intangible assets, despite growth in digital revenue.

Saga Communications, Inc. announced its Board of Directors declared a quarterly cash dividend of $0.25 per share, payable on March 20, 2026.

Saga Communications, Inc. announced it repurchased 184,215 shares of its common stock for approximately $2.1 million, demonstrating confidence in its financial strength.

Saga Communications reports a net loss of $2.4 million for Q1 2026 amid a 5.6% decline in net operating revenue.

Saga Communications posted a net loss of $0.532 million in Q3 2025, a significant decline from a $1.267 million net income in the prior year, driven by decreased revenue and increased operating expenses.

Saga Communications, a radio broadcaster, reported a net loss for the first half of 2025 and a significant drop in Q2 net income, driven by declining advertising revenue.

Saga Communications reports a slight decrease in net loss for Q1 2025, despite a decline in net operating revenue and ongoing material weaknesses in internal control over financial reporting.

Saga Communications experienced a decrease in revenue and a substantial drop in net income for the third quarter of 2024 compared to the same period in 2023, despite some gains in digital and political advertising.

Saga Communications experienced a slight decrease in revenue and a significant drop in operating income for the second quarter of 2024, despite strategic acquisitions and a gain from an investment sale.

Saga Communications, Inc. filed its annual report for the fiscal year ended December 31, 2025, detailing a net loss and significant impairment charges.

Saga Communications reports a decrease in net operating revenue for 2024, while addressing internal control weaknesses and focusing on digital growth initiatives.

Saga Communications reports a slight decrease in revenue for 2023, alongside strategic shifts in advertising and digital initiatives.

Edward K. Christian Trust, a Director and 10% Owner, sold 5,665 shares of Saga Communications Class A Common Stock.

Saga Communications SVP and Chief Accounting Officer Catherine A. Bobinski disposed of 2,088 shares of Class A Common Stock to cover tax withholding obligations related to restricted stock vesting.

Saga Communications' EVP, Treasurer, and CFO, Samuel D. Bush, disposed of 3,216 Class A Common Stock shares to cover tax withholding obligations related to restricted stock vesting.

Saga Communications' COO, Wayne Leland, disposed of 1,912 Class A Common Stock shares to cover tax obligations from restricted stock vesting.

Saga Communications CEO Christopher Forgy reported the disposition of 9,316 Class A Common Stock shares at $11.44 each to satisfy tax withholding obligations related to restricted stock vesting.

SVP and Chief Accounting Officer Catherine A. Bobinski acquired 6,292 shares of Saga Communications Class A Common Stock.

Saga Communications, Inc. has issued its proxy statement for the 2026 Annual Meeting of Shareholders to be held virtually on June 1, 2026.

Saga Communications, Inc. will hold its 2025 Annual Meeting of Shareholders virtually on May 2, 2025, to vote on director elections, auditor ratification, executive compensation, and other business matters.

Saga Communications provides an update on its strategic plan, including digital strategy, cost alignment, corporate governance enhancements, and asset evaluations, in advance of its March 11 earnings call.

Saga Communications will hold its annual shareholder meeting on May 13, 2024, to vote on director elections, auditor ratification, and executive compensation.

Gate City Capital Management has withdrawn its director nominees for Saga Communications' 2025 Annual Meeting, citing ongoing concerns over the company's digital transformation strategy, declining financial performance, and corporate governance issues.

Gate City Capital Management, holding a 13.8% stake in Saga Communications, has formally nominated four directors for election at the company's 2025 Annual Meeting of Stockholders and intends to solicit proxies after failing to reach a negotiated settlement.

Activist shareholder Gate City Capital Management, holding a 13.8% stake in Saga Communications, has filed an amended Schedule 13D to publicly express disappointment with the company's financial performance and digital strategy, proposing significant operational and governance changes, including board refreshment and a shift in capital allocation.

Gate City Capital Management and Michael Melby have disclosed a 13.8% beneficial ownership stake in Saga Communications Inc., asserting the company's stock is undervalued and signaling potential engagement with management on strategic alternatives.

Saga Communications, Inc. reports a joint filing agreement among key stakeholders regarding beneficial ownership of Class A Common Stock.

Stanley Kesselman has reported an increased beneficial ownership of 6.2% in Saga Communications, Inc.'s Class A Common Stock.

An amendment to a Schedule 13G filing reveals that the Edward K. Christian Trust and related individuals collectively hold approximately 13.99% of Saga Communications, Inc.'s Class A Common Stock.

An amendment to Schedule 13G reveals that the Edward K. Christian Trust, along with co-trustees Michael L. Dallaire and Judith A. Christian, collectively hold a substantial 14.6% beneficial ownership in Saga Communications, Inc.

An amendment to Schedule 13G reveals that the Edward K. Christian Trust, along with Michael L. Dallaire and Judith A. Christian, collectively maintain a 15.1% beneficial ownership stake in Saga Communications, Inc.