The company’s five full-power and four low-power stations account for $4.5 million, up from $4.2 a year ago.
Saga Communications Inc. on Tuesday reported results for the quarter ended June 30 that included a 8.5% increase in television net operating revenue to $4,504,000 from $4,153,000 in the same quarter a year earlier.
Operating income from continuing operations for the TV stations was $1.5 million, a 28.4% increase from $1.1 million in 2Q 2011.
Saga owns or operates broadcast properties in 26 markets, including five full-power television stations and four low-power TV stations; 61 FM and 30 AM radio stations; three state radio networks; and two farm radio networks.
The company as a whole reported a 0.7% increase in net operating revenue to $33 million while station operating expense decreased 4.6% compared to the same period last year to $22 million.
Read the company’s report here.