Mar. 13 at 1:54 PM
Noble Capital Markets Research Report: Saga Communications (
$SGA) – Stepping Up Digital Investments
Q4 Results. The company reported Q4 revenue and adj. EBITDA of
$26.5 million and
$0.8 million, respectively, modestly below our estimates of
$27.7 million and
$2.0 million, as illustrated in Figure #1 Q4 Results. Results were impacted by softness in traditional broadcast revenue, while digital Interactive revenue remained a bright spot, increasing 25.8% y-o-y.
Read full report here: https://www.channelchek.com/news-channel/saga-communications-sga-stepping-up-digital-investments?utm_source=stocktwits&utm_medium=social&utm_campaign=research