Saga: Q2 Earnings Snapshot

GROSSE POINTE FARMS, Mich. (AP) _ Saga Communications Inc. (SGA) on Thursday reported second-quarter net income of $3.3 million, after reporting a loss in the same period a year earlier.

The Grosse Pointe Farms, Michigan-based company said it had profit of 54 cents per share.

The broadcasting company posted revenue of $28 million in the period.

Saga shares have declined 11% since the beginning of the year. The stock has declined 12% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SGA at https://www.zacks.com/ap/SGA

Categories: Business News