Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF � 1934 For the Quarterly Period ended June 30, 2025 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _ to Commission File Number 1-11588 Saga Communications, Inc. (Exact name of registrant as specified in its charter) Florida (State or other ju ...

Saga Communications (SGA) Q2 2025 Earnings Call August 07, 2025 11:00 AM ET Speaker0Good day, and welcome to Saga Communications Second Quarter Earnings Release Conference Call. At this time, all participants have been placed on a listen only mode. It is now my pleasure to turn the floor over to your host, Chris Forge, President and CEO of Saga Communications. Sir, the floor is yours.Speaker1Thank you, Paul. And thank you to everyone who has taken the time to join Saga's twenty twenty five q two earnings ca ...

Exhibit 99.1 On a same station basis for the quarter ended June 30, 2025 net revenue decreased $1.5 million or 6.4% to $27.6 million and station operating expense decreased 6.4% to $21.7 million. Net revenue decreased 4.7% to $52.4 million for the six-month period ended June 30, 2025 compared to $55.0 million for the same period last year. Station operating expense decreased 3.4% for the six-month period to $44.2 million compared to the same period last year. For the six-month period, we had an operating lo ...

GROSSE POINTE FARMS, Mich., July 09, 2025 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 2nd Quarter 2025 results at 9:00 a.m. EDT on Thursday, August 7, 2025. The company will be holding a conference call on the same date at 11:00 a.m. EDT. The dial-in numbers are as follows: Domestic and International Dial-in Number: (973) 528-0008 Conference Entry Code: 739704 The Company requests that all parties that have a question that they would like to submit t ...

Core Viewpoint - The article highlights the importance of value investing and identifies Saga Communications (SGA) as a strong value stock based on its financial metrics and Zacks Rank [4][6]. Company Metrics - Saga Communications (SGA) holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [4]. - The current P/E ratio of SGA is 21.27, significantly lower than the industry average P/E of 30.04, suggesting that SGA may be undervalued [4]. - Over the past 52 weeks, SGA's Forward P/E has fluctuated between a high of 99.23 and a low of 8.80, with a median of 25.54 [4]. Cash Flow Analysis - SGA has a P/CF ratio of 8.72, which is attractive compared to the industry's average P/CF of 19.51, indicating a favorable cash outlook [5]. - In the past 12 months, SGA's P/CF has ranged from a high of 9.13 to a low of 6.75, with a median of 8.13 [5]. Investment Outlook - The combination of SGA's strong earnings outlook and favorable valuation metrics positions it as an impressive value stock at the moment [6].

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are unde ...

Core Insights - The article emphasizes the importance of value investing, which focuses on identifying undervalued companies in the market [2] - Zacks has developed a Style Scores system to help investors find stocks with specific traits, particularly in the Value category [3] - Saga Communications (SGA) is highlighted as a strong value stock, currently holding a Zacks Rank of 2 (Buy) and an A grade for Value [4] Company Metrics - SGA has a Forward P/E ratio of 21.30, significantly lower than the industry average of 29.47 [4] - The stock's Forward P/E has fluctuated between a high of 99.23 and a low of 8.80 over the past year, with a median of 25.54 [4] - SGA's P/CF ratio stands at 8.21, compared to the industry's average P/CF of 17.68, indicating a solid cash outlook [5] - Over the past year, SGA's P/CF has ranged from a high of 10.42 to a low of 6.75, with a median of 8.13 [5] Investment Outlook - The metrics suggest that Saga Communications is likely undervalued, making it an attractive option for value investors [6] - The strength of SGA's earnings outlook further supports its position as one of the market's strongest value stocks [6]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-11588 Saga Communications, Inc. (Exact name of registrant as specified in its charter) Florida 38-3042953 (State ...

Financial Data and Key Metrics Changes - For the quarter ended March 31, 2025, net revenue decreased by 4.3% to $24.2 million compared to $25.3 million last year [12] - Station operating expense decreased by 2.2% to $22 million for the three-month period [13] - The company reported a net loss of $1.6 million for the quarter, approximately the same as last year [13] - Total interactive revenue was up 14% with a 51% profit margin [15] Business Line Data and Key Metrics Changes - The top three largest advertising verticals were home improvement, professional services, and automotive [9] - The top three fastest growing advertising verticals were home improvement, health care, and real estate [9] - Digital ad revenue for 2025 reached $5.3 million as of May 8, 2025, compared to $5 million for all of 2024 [10] - The online news initiative revenue almost doubled from $285,000 in Q1 2024 to $562,000 in Q1 2025 [15] Market Data and Key Metrics Changes - The company experienced four straight months of significant growth in digital ad revenue from February through May [11] - April showed a decline in pacing down high single digits, but May showed improvement to down low single digits [16] Company Strategy and Development Direction - The company is focused on a digital strategy that blends radio, search, and display advertising [8] - Plans to use proceeds from potential sales of non-core assets for stock buybacks as part of capital allocation [18] - The company aims to capture 5% of available digital dollars in its markets over the next 18 to 24 months to potentially double gross total annual revenue [32] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the potential ripple effect of tariffs on advertising spend but noted no significant impact observed yet [33] - The company expects to see improvement in pacing for the second quarter, with interactive pacing up 18.4% [16] - The management expressed confidence in the digital strategy and its ability to meet consumer needs in a fragmented advertising marketplace [21][24] Other Important Information - The company paid a quarterly dividend of $0.25 per share on March 7, 2025, totaling approximately $1.6 million [17] - The balance sheet reflects $27 million in cash and short-term investments as of March 31, 2025 [18] Q&A Session Summary Question: Has there been an impact on advertising spend related to tariffs? - Management indicated there may be a ripple effect from tariffs but has not seen significant changes yet [33] Question: What are the trends in digital performance for the quarter and guidance for the second quarter? - Management noted that digital performance was addressed earlier and trends are improving for the second quarter [35] Question: Any insights on advertising categories that weakened from Q1 to Q2? - Management stated that main categories are performing well and showing positive growth for the second quarter [36]

Financial Data and Key Metrics Changes - For Q1 2025, net revenue decreased by 4.3% to $24.2 million compared to $25.3 million in the previous year [11] - Station operating expenses decreased by 2.2% to $22 million for the quarter, resulting in an operating loss of $2.3 million, slightly improved from a loss of $2.4 million last year [12] - The net loss for the quarter was $1.6 million, approximately the same as last year [12] - Total interactive revenue increased by 14% with a profit margin of 51% [14] Business Line Data and Key Metrics Changes - The top three largest advertising verticals were home improvement, professional services, and automotive, with automotive returning to the top three [9] - The fastest growing advertising verticals included home improvement, healthcare, and real estate [9] - Digital ad revenue for 2025 reached $5.3 million by May 8, already surpassing the total of $5 million for all of 2024 [9][10] Market Data and Key Metrics Changes - The company has seen four consecutive months of significant growth in digital ad revenue from February to May 2025, with May expected to be the largest month in digital ad revenue in Saga's history [10] - The company anticipates that the annual corporate general and administrative expense will be approximately $12 million for 2025, down from $12.6 million in 2024 [19] Company Strategy and Development Direction - Saga Communications is focusing on a digital strategy that blends radio, search, and display advertising to enhance customer engagement and drive sales [7][21] - The company plans to use proceeds from potential sales of non-core assets for stock buybacks as part of its capital allocation strategy [5][17] - The company aims to capture 5% of available digital dollars in its markets over the next 18 to 24 months to potentially double its gross total annual revenue [33] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the potential ripple effects of tariff concerns on advertising spend but noted no significant impact observed yet [34] - The company expects to see improvement in advertising trends as the year progresses, with interactive pacing for the second quarter up 18.4% [15] - Management remains optimistic about the digital strategy's potential to disrupt the advertising marketplace and meet unmet needs of advertisers [22][24] Other Important Information - The company paid a quarterly dividend of $0.25 per share on March 7, 2025, totaling approximately $1.6 million [16] - Saga's balance sheet reflects $27 million in cash and short-term investments as of March 31, 2025 [18] Q&A Session Summary Question: Has there been an impact on advertising spend related to tariff concerns? - Management indicated that while there may be a ripple effect, no significant impact has been observed yet [34][36] Question: What are the trends in digital performance for the quarter and guidance for the second quarter? - Management addressed the performance in the quarter and noted that trends are improving for the second quarter [37] Question: Any insights on advertising categories that weakened from the first quarter to the second quarter? - Management highlighted that main categories are performing well and showing positive growth for the second quarter [38]